$BTC Open Interest (coin denominated) is the lowest it has been in 4-5 months. Even after this run up I don't see many signs of overheating or anything close to it.
If the bulls are back, there is plenty of room for this to move before it would start getting to levels where I'd want to get cautious.
For now we watch the chart to see if $83K gets defended, but if it does and this rallies, just riding out the wave until we get to more overheated levels will be my plan.
$BTC
If the bulls are back, there is plenty of room for this to move before it would start getting to levels where I'd want to get cautious.
For now we watch the chart to see if $83K gets defended, but if it does and this rallies, just riding out the wave until we get to more overheated levels will be my plan.
$BTC
