Perhaps BitTorrent and Raven Coin could gain 10-100x. Cardano and Stellar might also score higher.
...only during the next bull market. This could take 1-5 years.
For now, I think we are looking forward to a bigger dip. Yes, I think it will go down to 28-30 k. Or lower.
But this is what many people actually wanted, right? So, more buying opportunities will come this year. Why cry, when you can buy?
The "fear and greed index" is very interesting and useful, because the index does indeed corelate with earlier movements in Bitcoin's price.
Many are discrediting this tool, which I find very interesting - it has proven its efficiency. Just check back and you'll see.
And because the markets are being moved by
fear and greed, then this is a very useful tool - besides checking the price of Bitcoin, this is one of the main tools anyone should check from time to time.
Of course, it is only useful on the short time. For instance, now is a very bad time to buy. But when it turns very strong green, you will not know how long it lasts. And, by the time it turns green, it will have been too late to get in. Greenish yellow is the most promising for those who want to invest.