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Each time the TD Sequential indicator has marked a"9" or"13," suggesting overbought conditions and potential for a price pullback, the subsequent price action saw a noticeable decline. This pattern has been consistent in the recent past, providing credence to the crypto analyst's at $71,806, marking a 2.74% increase over the last 24 hours. Notably, Bitcoin had recently hit a new all-time high of $72,214 before retracting slightly to its current levels.
Adding to the market’s vibrancy, Bitcoin’s 24-hour trading volume has surged by 78.70%, currently standing at $51.87 billion. This significant increase in trading activity indicates heightened interest and movement on the cryptocurrency market, making the timing of the sell signal even more pertinent for investors and traders alike., the TD Sequential indicator's sell signal could foretell a forthcoming correction.
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