I’ve been keeping an eye on #Bitcoin ’s performance, and right now $BTC priced at around $65,542 against the USDT. The upward trend over the past few days is quite noticeable, suggesting some bullish momentum. Indicators like the RSI at 65 and the CCI at 100 confirm this, as they are both in the high zones, hinting towards overbought conditions. The MFI being at 82.50 also suggests a lot of buying activity in the market recently.On the other hand, we see the Fear/Greed Index at 60 , which generally means the market is leaning towards greed, but not extremely so. The CMF is positive at 0.29, showing money is flowing into Bitcoin, which is a good sign for the bulls. All these indicators combined suggest that while the market is strong, we should be cautious of potential corrections.
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