Price analysis 4/17: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL By Cointelegraph
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Pullbacks are a part and parcel of uptrends. They not only help shake out the weaker hands but also offer an opportunity for traders to add to their position or make fresh entries. Currently, (BTC) is witnessing a correction as bulls and bears battle for control, but is this a buying opportunity or the start of a trend reversal?
The Crypto Fear & Greed Index has risen to 69, indicating that traders have started to get greedy again. When this happens, it is time to become cautious in the near term, as when new traders begin chasing prices higher, experienced traders sell into strength and buy on dips.
Continue Reading on Coin Telegraph
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© Reuters.
Pullbacks are a part and parcel of uptrends. They not only help shake out the weaker hands but also offer an opportunity for traders to add to their position or make fresh entries. Currently, (BTC) is witnessing a correction as bulls and bears battle for control, but is this a buying opportunity or the start of a trend reversal?
The Crypto Fear & Greed Index has risen to 69, indicating that traders have started to get greedy again. When this happens, it is time to become cautious in the near term, as when new traders begin chasing prices higher, experienced traders sell into strength and buy on dips.
Continue Reading on Coin Telegraph
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