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Learning & News => News related to Crypto => Topic started by: newshunter on January 07, 2021, 01:00:41 PM

Title: Overheated rally? 3 warning signs emerge for Bitcoin as funding rate soars
Post by: newshunter on January 07, 2021, 01:00:41 PM
Overheated rally? 3 warning signs emerge for Bitcoin as funding rate soars

Bitcoin is rallying as buyers in the U.S. continue to drive the price up, but signs of overheating are emerging in Asia.


Source: Overheated rally? 3 warning signs emerge for Bitcoin as funding rate soars (https://cointelegraph.com/news/overheated-rally-3-warning-signs-emerge-for-bitcoin-as-funding-rate-soars)

Would appreciate your opinion about this
Title: Re: Overheated rally? 3 warning signs emerge for Bitcoin as funding rate soars
Post by: Gravatai on January 09, 2021, 11:01:48 AM
Based on various statistics, the market is now really at its peak and may be a little overheated, which may indicate an imminent cooling and falling prices. Now I try not to make investments, I just wait for prices to go down, I think this is the best option in the current situation
Title: Re: Overheated rally? 3 warning signs emerge for Bitcoin as funding rate soars
Post by: codehash on January 09, 2021, 09:49:29 PM
I think we are in a dangerous area now. That's why I sold my Bitcoins. I hope to meet again at more appropriate levels. For example, like 28.000 dollars levels.  :-[