#Bitcoin Fear & Greed Index, especially when it's at 60 – GREED.
It Means (Fear & Greed Index = 60):
Greed (60) suggests growing optimism and buying activity in the market.
Traders are confident, which often aligns with short-term price rallies.
But high greed levels can also signal overbought conditions – a correction may follow.
BTC Price Context:
Current BTC Price: $105,551
This is a historically high level, and the market could be in the final stages of a rally before a possible pullback.
Monitor volume, moving averages, and RSI to confirm trend strength or overextension.
Smart Trader Tip:
> “Be fearful when others are greedy and greedy when others are fearful.” – Warren Buffett
When sentiment is greedy:
Avoid FOMO (Fear of Missing Out).
Stick to your strategy: don’t chase green candles.
Use stop-loss and lock in profits on the way up.
Possible Trade Plan (Short-Term):
Trend: Bullish, but extended
Entry: Only on pullback (e.g., $102,000–$103,000 support zone)
Target: $110,000+ if trend continues
Stop-loss: $99,500 or just below recent support.
