‘Overbought’ Bitcoin Drops Below $64K as ISM Manufacturing Data Looms: 10x Research

“In last week’s report, we briefly noted that BTC appears to be overbought in the short term, as reflected by the heightened levels of the Greed & Fear index,” Markus Thielen, founder of 10x Research, told CoinDesk.” Current short-term reversal signals have turned bearish, indicating that a pullback is likely over the next few days.”