🚨🚨🚨 BREAKING 🚨🚨🚨
THERE HAS NEVER BEEN A CYCLE PEAK IN #BITCOIN WITHOUT FIRST SEEING EXTREME GREED
What is this and what does this graph show? It is VERY CLEAR:
🔹 The graph shows the “Satoshimeter”, a historical sentiment indicator
🔹 Each price peak was accompanied by maximum levels of greed (blue/purple zone)
🔹 Today, we are at levels of fear/neutrals (green/yellow zone)
🔹 Even with BTC at new highs, the market has NOT yet entered euphoria during this cycle
Conclusion? If history rhymes… the true CYCLE PEAK has NOT yet arrived.
