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Bitcoin Flashes Bull Market Signal but Faces Short-Term Overheating Risks

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • CryptoQuant reports Bitcoin has entered the early stages of a bull market as its Bull Score surged to 80.
  • However, analysts warn of short-term overheating due to heavy whale profit-taking, rising unrealized margins, and elevated exchange inflows near key resistance levels around $83,000.
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BTCUSD price history

77194.01 +14.44% over the displayed period

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