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Bitcoin breaks new high, BPT index 2.56 shows the market is warm but not overheated.
[Coin World] According to analysts from the data platform, "Despite Bitcoin reaching an all-time high, BPT remains at a moderate high of 2.56 (below the local peak of 3.57), which means that for the current cycle, this is a warm temperature, but there are no obvious signs of overheating yet. The price is maintained above the 4-year MA and its +2σ (green), confirming a bullish trend. The main risk is a typical correction in the rising trend, which will show late signals when BPT accelerates beyond 3.0."