Bitcoin is at its most expensive levels since the crypto winter of 2017. According to the GTI Global Strength Indicator—a technical analysis tool that gauges intraday crypto volatility, bitcoin is currently in ‘overbought’ territory—suggesting it could be entering a “parabolic phase,” or be prepared for another downturn. GTI Global Strength Indicator Warns About Bitcoin’s Massive […]The post Data shows bitcoin most overbought since 2017: parabolic phase or impending crash? appeared first on CryptoSlate.
