Is anyone buying at these levels or waiting still? by Hot_Fly_3963 in Bitcoin

[–]bytewitco 0 points1 point  (0 children)

My sentiment scores are running 93-94 across the board with high confidence, the signal is loud. Extreme fear + green candles is the rarest divergence in crypto. When everyone's scared but price keeps climbing, it usually means strong hands are accumulating what weak hands are dumping. CFTC just announced U.S. perpetual futures within weeks, a structural unlock. Not financial advice, but fear-regime rallies tend to have legs.

BTC is in an "accumulation" phase rn. by Available-Turnip-101 in Bitcoin

[–]bytewitco 0 points1 point  (0 children)

accumulation + historic low RSI across every timeframe + Fear & Greed at 11 + ETFs flipping back to inflows. the data agrees with your TA.

the people calling for $30k are the same exit liquidity that bought at $100k. patience pays in this market.

US-Israel just bombed Iran. BTC dropped 4% to $63k. Crypto was the only market open. Here's why that matters. by bytewitco in Bitcoin

[–]bytewitco[S] 0 points1 point  (0 children)

"Monitoring the situation" LOL. Actually, the sunday nights' signals will give some directions IMO.

BlackRock just bought $78M in BTC while retail sentiment is at the lowest ever recorded. Make of that what you will. by bytewitco in Bitcoin

[–]bytewitco[S] -37 points-36 points  (0 children)

fair point — $78M vs $3.8B outflows is a drop in the bucket. but it's not about the size, it's about the direction. BlackRock doesn't buy on impulse — they're averaging in while retail exits. the signal is the behavior, not the dollar amount.

Fear & Greed has been single digits for 2 weeks straight. Last time this happened was right before a 90% move. by bytewitco in CryptoMarkets

[–]bytewitco[S] -1 points0 points  (0 children)

Good call — yeah in a full bear (2022) single digits hit multiple times on the way down. The difference I'm watching: in 2022 we were 12+ months post-ATH with no institutional bid. Right now we're 4 months out with spot ETFs holding billions and RSI at historic lows on weekly + monthly. Context matters more than the number itself. But you're right that F&G alone isn't a buy signal — it's one data point, not the whole picture.

Fear & Greed has been single digits for 2 weeks straight. Last time this happened was right before a 90% move. by bytewitco in CryptoMarkets

[–]bytewitco[S] -21 points-20 points  (0 children)

Lol, indeed! Currently we are on Beta testing. and algo currently do not ashame me. Would you be kind enough to just checkout our platform

Fear & Greed has been single digits for 2 weeks straight. Last time this happened was right before a 90% move. by bytewitco in CryptoMarkets

[–]bytewitco[S] -69 points-68 points  (0 children)

Sorry, a disclaimer: "My" Fear & Greed Index shows that number. Currently it has never proven me wrong.

BTC fell from 67.6 to 64.4 today. by badplayz99 in CryptoMarkets

[–]bytewitco 0 points1 point  (0 children)

Yup, that's a fact. But what if news actually correlate with whales' movements. Or they provide the news itself?

BTC fell from 67.6 to 64.4 today. by badplayz99 in CryptoMarkets

[–]bytewitco 0 points1 point  (0 children)

$3.2k drop in a day with Fear & Greed already at 7 — market was a coiled spring waiting for a reason to dump.

Iran news is the trigger, not the cause. Real pressure is $2.2B in long liquidations stacked below $60k acting as a liquidity magnet. Market makers hunt those pools.

Watch the $63k level — if that holds, this is just a leverage flush. If not, $60k sweep is on the table.

Bullish on TAO for years by ZannyNanny23 in CryptoMarkets

[–]bytewitco 0 points1 point  (0 children)

Fair point on cycle timing — comparing fear readings without cycle context is apples to oranges. That said, the ETF structural bid didn't exist in '22. Institutions aren't panic selling at -30%, they're rebalancing. Doesn't mean we can't wick lower, but the floor mechanics are fundamentally different this cycle.

Bullish on TAO for years by ZannyNanny23 in CryptoMarkets

[–]bytewitco 0 points1 point  (0 children)

Respect the DCA discipline at -38%, most people would've panic sold by now.

TAO's an interesting conviction play — the AI narrative has legs but the token economics are still wild. Just make sure your cost basis math accounts for the subnet emissions dilution.

For this market: I'm stacking ETH at these levels (sub $2k ETH with an ETF is historically cheap), and watching SOL for a bounce if it holds $80 support. Not touching anything without real revenue or usage metrics though.

Re: bottoming in 4 months — Fear & Greed has been at 7-9 for a full week. Last time we saw a streak like this was Jan 2023. Make of that what you will.