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've been observing this index for quite some time and find it pretty accurate, of course it doesn't give you the exact day or time but it indicates the sentiment on the market. Do you ever use this index in your trading analysis?
I'm a short term cryptocurrency trader but I never use such an index in my trading analysis because there are some occasions in the market which will change the trend of the Bitcoin market even when the signal shows the market to experience a dump in price.