The volatility of cryptocurrencies has been at the centre of crypto discussions this year with the market even shocking experts. From the record high Bitcoin achieved of over $64,000 to raise the market capitalization to $2 trillion, to the price crashing to below $30,000, the extreme volatility came as a shock to many.
Recently, Bitcoin has been struggling amid the mining regulations in China. A slight price rally saw it get above the $35,000 resistance level but it was short-lived and woes continue. Bitcoin currently trades at $33,361 as bulls try to push it high again.
Has BTC been Over Bought?