Bitcoin is trending higher at spot rates, breaching $63,000 on June 30 before recoiling. Even though momentum is building, the action of the coin’s price is a source of debate. Still, some are doubtful, thinking there is reason for a possible overvaluation. Analyst: Bitcoin Is Overvalued, Here’s Why In a post on X, one analyst argues that the coin may likely cool off, extending the 18% drop...
source: https://www.newsbtc.com/bitcoin-news/bitcoin-analyst-says-coin-overvalued-why-is-this-btc-chart-super-bullish/