Bitcoin Market Cap Profits Surge to Euphoric Levels: Implications and Warnings
Bitcoin Reaches Euphoric Levels with Market Cap Profits Surging The unrealized profit percentage in relation to Bitcoin’s market cap has recently surpassed the +2σ level. This level is historically associated with market euphoria, indicating a bullish sentiment among investors. Implications of the Surge Similar patterns have been observed before major All-Time Highs (ATHs), signaling potential…