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The Daily Hodl
2019-04-05 19:15:42

Bloomberg: Bitcoin (BTC) Indicator Flashes Warning, Signals Leading Crypto Overbought

A technical gauge that looks at intraday volatility suggests Bitcoin is in overbought territory. The GTI Global Strength Indicator flashed the warning as the price of BTC climbed above $5,000 earlier this week, according to Bloomberg. The tool showed Bitcoin at its most overbought level since its meteoric climb to more than $19,000 back in […]The post Bloomberg: Bitcoin (BTC) Indicator Flashes Warning, Signals Leading Crypto Overbought appeared first on The Daily Hodl.