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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
  • ‘Altseason is here’ — 5 Things to know in Bitcoin this week
  • Crypto funds post record $4.4B inflows as Ether ETPs break 2024 gains
  • ‘Rich Dad, Poor Dad’ author warns Bitcoin ‘bubble’ could burst soon
  • US bank lobby challenges crypto firms’ bids for bank licences
  • Ethereum’s Fusaka upgrade set for November, Glamsterdam planning next
  • Blistering NFT ‘sweep’ underway as CryptoPunks, Penguins surge
  • Ethereum is scaling: TPS, gas limit up as validators back 45M target

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