US Edition5,000 BTC Wallets Exit as RSI Signals Pullback—Is Bitcoin Overbought?
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5,000 BTC Wallets Exit as RSI Signals Pullback—Is Bitcoin Overbought?
Key Insights: Over 5,300 Bitcoin wallets with ≥1 BTC have exited since March 2025. Bitcoin price rose from $87,300 to over $104,000 in the same period. Wallet count drop may reflect retail selling as prices approached record highs. While Bitcoin’s price is at a near-record level, more than 5,000 wallets with at least one bitcoin have been emptied since March, and the RSI suggests the market may be overbought. However, the LMACD is still bullish…
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