đ Is Bitcoin Bound for a Correction After its Rapid Surge?
Bitcoin's recent skyrocketing from $52k to $64k in just 2 days has left traders amazed. With a streak of green candles dominating the charts, excitement is high. However, amidst the frenzy, whispers of a significant correction to $40k or even $35k are gaining traction.
Let's Dive In:
Market Frenzy: The surge past the psychological $50k barrier unleashed a wave of extreme greed, with the latest index hitting 82, signaling a market overheating. Many indicators suggest overbought conditions, raising concerns among investors.
But Is It Sustainable? Let's Discuss! đđ€
