The analyst Pentoshi suggests that the top for Bitcoin may be approaching when the price no longer responds to positive news and catalysts. He advises his followers to monitor the performance of the Coinbase app on the App Store, as it has historically indicated the top of previous cycles. Additionally, he mentions keeping an eye on the Phantom app, as a surge in users may signal that there are no more buyers left in the market. The Phantom app is a digital asset wallet for trading cryptocurrencies and NFTs across multiple platforms. At the time of writing, Bitcoin is trading at $98,227.



Other News from Today