Bitcoin on Cusp of ‘Top Heavy’ Zone As New Phase Begins, According to On-Chain Analyst – Here’s What He Means

Bitcoin (BTC) is at risk of witnessing more corrections as it is on the verge of hitting a “top-heavy” zone, says a popular on-chain analyst. The pseudonymous crypto trader known as Checkmate tells his 94,500 followers on the social media platform X that top-heavy zones happen when “too many people buy too many coins at […] source: https://dailyhodl.com/2024/06/25/bitcoin-on-cusp-of-top-heavy-zone-as-new-phase-begins-according-to-on-chain-analyst-heres-what-he-means/