Investors Fuel Bitcoin Boom But is Excessive Optimism a Cause for Concern
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I see everybody going on camera on Television especially Larry Fink who Just I think it was two years ago said That Bitcoin was a way to launder funds And now he's on CNBC saying it's a great Investment safety flight to safety Linda You believe when I see that plus Everybody else you know um Mike novag Grats all the usual characters uh Talking positively about Bitcoin it Feels to me like they're trying very Hard to move the price up and to get Optimism but I don't like it when Everybody is on one side trying to pump The price up and we have excessive uh Optimism right now on the sentiment Chart so that's where crashes happen From that side of the chart when you're Excessively optimistic not when you're Pessimistic and we have too much Optimism right now so I'm cautious
