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3 warning signs suggest the Bitcoin price rally is overextended By Cointelegraph

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BTC) faced fresh doubts over the strength of its bull run on Oct. 7 as analysts eyed a potential reversal of Wednesday’s short squeeze.1-hour candle chart (Bitstamp). TradingView

From

Cointelegraph Markets Pro TradingViewBTC/USD was tracked as it hovered around $54,000, after having failed to find support above $55,000.BTC/USD chart: Bitcoin funding rates vs. BTC/USD chart Source: bybt

Crypto Fear & Greed Index as of Oct. 7. Source: alternative.me
Bollinger Bands for the BTC/USD 1-day Candle Chart (Bitstamp). TradingView
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