Bitcoin’s Meteoric Rise Makes Everything Else Look Like ‘Junk,’ Trader Says

Bitcoin’s Meteoric Rise Makes Everything Else Look Like ‘Junk,’ Trader Says

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Source: Coindesk.com

Bitcoin continues to outperform major assets, with a near 100% increase in six months, surpassing Nvidia and the S&P 500. The cryptocurrency’s RSI is 79.02, the highest since the 2021 bull market, indicating potentially overbought conditions.

Bitcoin (BTC) is outperforming most major assets, making everything else “look like junk,” Josh Olszewicz,

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The post "Bitcoin’s Meteoric Rise Makes Everything Else Look Like ‘Junk,’ Trader Says" appeared first here Coindesk.com.

Source: Coindesk.com

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