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?
These indices are indicative, they cannot be taken as a measure of commercial decision, it can be seen, for me the best thing is to study the volume, in the volume is the information that few see, I would trust much more the news than those indices.