BTCUSD successfully recorded a new high at 52803.039 on February 15, but then it was rejected and closed at 51901.342 tightly with an open price of 51803.166. It forms a doji candle which is an indecision candlestick. The Doji pattern still appears to repeat itself on February 16 with shorter shadows.
The Fear and Greed index now shows a value of 76, which means the market is very greedy for buying crypto assets. If the index value reaches 100, it means the market is extremely greedy and possibly a correction.
Average cryptocurrencies are moving flat at the time of writing, positive and negative on 24 hours.
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