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Do you think we bottom yet or more down is expected?

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by COINS NEWS 189 Views

No, I'm not asking anyone to look in their crystal balls, ask any members of their family but more about how the general sentiment we are currently in the market ?

By the different metrics:

  • BTC bottom at around 25K
  • Purge has started with some big projects washed away
  • We had quite a good sell of volume this week, enough to be a capitulation?
  • Greed Fear Index is has been in fear for over a week plus sometimes sitting in Extreme fear
  • This sub engagement being low and moon ration close to 1
  • No more talks about Moonboys and I have a feeling all pump around the sphere are long gone...

So, now based on this, do you expect the worse like below 20K or we could see a relief rally and some green and trend higher?

submitted by /u/foxbuz
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