I am doing my own little experiment here at steemit. I am applying sentiment indicators which have already proven to be valid ways to gauge whether bitcoin investors are too overly optimistic or fearful at any given time, any given price point. There are patterns that show up consitantly enough to be able to predict what future outcomes will be based on the results when similar patterns occurred in the past. A good analogy is that it is like finding a huge mistake (to your favor) in a Las Vegas betting line. With any asset class, investor emotions constantly swing to times of euphoria and fear. I hope you follow my attempts to monitor investor sentiment in Bitcoin. I chose bitcoin because there is a U.S. exchange traded (over the counter) "bitcoin tracker" which the charting service I use give me a read on >>> GBTC. Right now sentiment is once again pushing towards euphoria, and there is no doubt in my mind that a major correction will occur soon. The type of correction that makes bitcoin holders wonder if they should be rethinking their strategy. And since I am of the opinion that pretty much all cryptos will follow the path of bitcoin, it looks like a time for cauthion overall is approaching in the crypto space/
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I shall follow you and check out your posts. I think that there is only so far that pricings can take you though. The BTC market has continually defied prediction. I myself think that it has a long way up to go with of course various steep dips to terrify investors along the way!