BTC is overbought but the candle sticks shows there is strong bullish momentum. As we know, financial markets have two phases:a bullish and bearish phase. BTC is due for a bearish phase but no exact timeline is known.Price of BTC may have gone as high as 100K,no one knows. BTC is still on a long term uptrend but it's due for a correction or retracement. That's the way markets works.
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