
You have to ask yourself. Why do you never see these posts when Bitcoin has been pumping for weeks? It’s actually very simple. Because narrative follows price. Bitcoin is great when it’s pushing hard Bitcoin is apparently not so great when it’s dropping for weeks. It’s the same Bitcoin, the only thing that has changed is how the crowd feels about it, which impacts everyone’s sentiment. When prices are down and people are angry/fearful, bad narratives get very loud, which cause people to FUD themselves out of their bags. When prices are up and people feel happy, good narratives get very loud and people FOMO into more positions. So, when you see these posts it signals that price has been down for a while, and is likely reaching oversold levels. It’s as simple as that.

