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Bitcoin(BTC): Markets Are Extremely Greedy!! Be Careful!!

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Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTC overbought extremegreed greed-indicator Relative Strength Index (RSI) bollingerbandstrategy crypto Bearish Patterns
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trendanalysis chartpattern indicator bitcoin btc overbought extremegreed greed-indicator relativestrengthindex bollingerbandstrategy crypto bearish
The second day of the week started with some breakouts from $45K, which has been one struggle zone for many days already. Now that we have broken that zone and resulted in another big green candle (which lately has been common), we have entered into the "Extreme Greed" situation with the marekts!

Only based on that index can we assume that we will see a drop, but this is one good additional confirmation for us that we are going to see a nice potential downfall very soon!

Greed and Fear Index: Extremely Greedy / 76

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