Bitcoin is one rally away from new highs, but overly euphoric bulls signal ‘overheating’ market

Bitcoin looks ready to attack its all-time high, but signs of overheating bullish sentiment and shifting market dynamics suggest a correction may be near.

Key takeaways:

Bitcoin price maintains its bullish momentum, but a sentiment indicator suggests the market could be overheating.

Data highlights Bitcoin traders taking profits and a lopsided market angled toward longs.

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