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

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. Analysts warn of a potential short-term correction, especially if gold weakens or seasonal trends play out. Optimism has returned to the crypto markets, and many traders believe Bitcoin (BTC) price is on the path to new all-time highs source: https://cointelegraph.com/news/bitcoin-is-one-rally-away-from-new-highs-but-overly-euphoric-bulls-signal-overheating-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound