Bitcoin Prices Remain Steady Amidst All-Time Highs

Despite hitting an all-time high, Bitcoin’s price temperature (BPT) remains at a moderate level of 2.56. This is below the peak of 3.57 and indicates that Bitcoin is currently experiencing a ‘warm’ phase without clear signs of overheating. The current price is staying above the four-year moving average and its +2σ, suggesting a bullish trend. However, the potential for a regular pullback within this upward trajectory exists. A ‘late-stage’ signal would emerge if BPT accelerates beyond 3.0.