This came to me as a huge surprise Today... The Crypto Fear & Greed Index just hit an all time high in " Extreme Fear" at level 5! 📊
The "Fear" is much worse now than when we all seen Bitcoin hit $3150 in December 2018! 📆
WTH is going on! Are people that emotional? How can there be more "fear" now (Bitcoin @ $10,000) than last year when Bitcoin was at $3,150? 🤦
I'm pretty dumb founded as I write this post because I'm currently pretty comfortable where the crypto prices are at right now.
Actually I think they whole market is still overvalued. Is it me, or am I just not seeing the "Fear' that most people are experiencing? 🤣
Anyway, when most people are in "Extreme Fear" .... it means that we can see a temporarily recovery in the markets in the short term ( a few days? A week? maybe?).
Who really hell knows! 🤷♂️
What are your thoughts? Did we just bottom out and go up from here? ... or is this the last attempt to sucker more people in this huge bull trap?
Only time will tell... but if you're holding for the long term, it really doesn't really matter at the end of the day...
Keep On STACKIN! 😎
~ Charles Fuchs
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