‘Overbought’ Bitcoin Drops Under $64K as ISM Manufacturing Information Looms: 10x Analysis

“In final week’s report, we briefly famous that BTC seems to be overbought within the quick time period, as mirrored by the heightened ranges of the Greed & Worry index,” Markus Thielen, founding father of 10x Analysis, advised CoinDesk.” Present short-term reversal alerts have turned bearish, indicating {that a} pullback is probably going over the subsequent few days.”