Post
Topic
Board Trading Discussion
Re: Extreme greed on the market
by
8m_zk
on 12/11/2020, 08:36:17 UTC
Well..in trading I don't think anybody can give any accurate time on any movement but should keep an eye on some indirect signs and indicators of  possible corrective pullback or bullrun continuation.


Hey guys,
By recent Fear&Greed Index bitcoin is in extreme greed area, usually it's a sign of decline in price or even crash.

I think a time for such down is coming but nobody can give accurate time to it. The price have been steady on the up since it got above $12,000. It may be getting to a strong area for another drop. It had a little step down from 15,000 after shooting high towards 16,000.