While watching CNBC documentary “Bitcoin Boom or Bust”, there was a lot of false information about the crypto community coming from CNBC. But Canfield, an analysis claims he back-tested the ‘CNBC Bitcoin indicator.’ It turns out to provide signals with a high 95% degree of accuracy. When CNBC states positive information about Bitcoin, the price falls. When CNBC states negative information, Bitcoin price rises.
There must be an upcoming green rally. The show tonight was so negative, it should send the bulls running like crazy. This should indicate a buying signal for Bitcoin. Thank you CNBC.