What's happening in the crypto world this week? Bitcoin (BTC) price hits record highs of $92,000 after Trump's election victory! 🚀 However, be careful, as some on-chain metrics are giving a "sell" signal.
- BTC's RSI is at 77, indicating an overbought situation. 😅
- The MVRV ratio is at 2.6, suggesting that the price could be nearing a top.
- The NVM ratio is at 1.24, which paints a somewhat pessimistic picture.
99% of investors are in profit, but could this be a short-term correction signal? Share your thoughts in the comments! 💬