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Bitcoin is one rally away from new highs, but overly euphoric bulls signal ‘overheating’ market

cryptoweekly by cryptoweekly
May 13, 2025
in bitcoin, News
0

Bitcoin looks ready to attack its all-time high, but signs of overheating bullish sentiment and shifting market dynamics suggest a correction may be near.

Key takeaways:

Bitcoin price maintains its bullish momentum, but a sentiment indicator suggests the market could be overheating. 

Data highlights Bitcoin traders taking profits and a lopsided market angled toward longs.

Read more

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Recent Posts
  • Crypto scammers plead guilty to $37M scheme targeting Americans
  • Canary Capital spins up Delaware trust for staked Injective ETF
  • BlackRock’s Bitcoin fund blows past $70B in record pace for ETFs
  • Bitcoin, US crypto stocks rise as more firms plan BTC buys
  • Crypto platform Parataxis eyes public listing via SPAC merger
  • Amazon doubles down on AI with $20B Pennsylvania investment
  • Staked Ethereum hits all-time high as ETH tops $2.7K

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