Bitcoin's new all-time high has traders asking: Is BTC price overheating at $111K?
Key takeaways:
Bitcoin hit a new all-time high of $111,970 on May 22, but retraced to $110,700, with analysts noting mixed signals on market overheating.
Funding rates and other metrics suggest a “healthy upward phase.”
Bitcoin’s (BTC) price recorded a new all-time high of $111,970 on May 22. However, BTC price retraced shortly after to trade at $110,700 at the time of writing.
Despite the correction, there are mixed signals about whether the... Читать дальше...