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Is Bitcoin overbought?
8 years ago by forumpromotion (52)
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Is Bitcoin overbought?
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BTC is king the more people that buy it, the higher the price will go. BCH will be a good alt coin to trade once it reaches it's lowest level.
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Yes I do think it is overbought now. Everyone rushed to buy bitcoin in the hopes of getting a free lunch. There is no free lunch and I don't think it will turn out like they thought in the end.
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Interesting article. I was about to post a similair post. Though prices might seam inflated for now I don't think they will look like this 2, 3 years from now. An interesting website I found: https://www.coincheckup.com The site is my go to place for crypto investment analaysis and indepth coin research. Check for example: https://www.coincheckup.com/coins/Bitcoin#analysis To watch Bitcoin Indepth analysis.
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To the question in your title, my Magic 8-Ball says:
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