BTC has hit overbought territory on the Daily TF immediately after losing the 50 Weekly SMA
This has only happened three times in the past.
In 2014, 2018 & 2022.
Each resulted in -60% to -66%.
The past is not a guarantee of the future but it is something to be aware of

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This trader made a total of 48 predictions of market movements within 15 minutes, earning a net profit of $80,000 in one day.

Earning $80,000 a day, this top player treats Polymarket like an ATM.

The leading cryptocurrency, Bitcoin ($BTC), has fallen again after recovering to $70,000. Bitcoin is trading around $67,000, while Ethereum (ETH) is trading around $1,960, as US January inflation data...

BREAKING! US Inflation Data Released! Here’s Bitcoin’s (BTC) Initial Reaction!

Original article | Odaily Odaily(@OdailyChina)
Author | Ethan (@ethanzhang_web3)
One night some time ago, I saw an interesting debate in a crypto trader group.
It all started when someone posted a screenshot of Nvidia's stock price breaking $190, captioned: "I told you guys to allocate some US stocks, now you regret it, right?" The group chat exploded instantly. Some complained about the hassle of opening a brokerage account, others grumbled about the agonizingly slow cross-border fund transfers, and still others simply said, "My USDT is just sitting in my wallet, I want to buy..."

From Bitcoin to Nvidia: How Gate is building an "all-in-one trading account" for the Web3 era?

All I see here is the possibility of another wave lower to complete a correction, but in terms of scale, this is smaller than previous examples.