3 Reasons Why a New Bitcoin (BTC) ATH Is Incoming

Description

TL;DR Bitcoin’s recent outflows from exchanges and other vital factors support the case for a push toward a new all-time high. However, the rising RSI suggests the asset may be overbought and vulnerable to a short-term pullback. New Peak on the Way? The price of the leading cryptocurrency has been booming lately, briefly climbing above $104,000 earlier today (May 9). As of this writing, bitcoin (BTC) is worth approximately $103,000, which represents a 33% monthly increase. The asset’s impressive...