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?
Nope, I'm not using any index for quite some time. In fact, most of time I based my analysis through reading or checking the graph
every time I'm in the actual trade activity. Because for me, with this I am confident for what I am doing due to I know that in the future
I can earn a rewards for the effort that I had been set it up to get it.