Bitcoin price is hitting back-to-back all-time highs, but a few indicators are suggesting that BTC is oversold.
The crypto market displays strength as Bitcoin (BTC) price sets a new all-time high at $72,800 on March 11.
Data from Cointelegraph Markets Pro and TradingView shows that BTC rose from an opening at $69,032, soaring 5.7% to set a new year-to-date high of $72,850 on Monday, March 11.
This remarkable performance from Bitcoin has led to concerns regarding a sell-off triggered by profit-booking at higher levels.
