Bitcoin (BTC) Faces Price Correction as Major Sell Signal Emerges

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Bitcoin's technical indicators show mixed signals as they suggest cautious optimism for traders

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52 Resistance? Cardano Isn't Allowed to Join Bullish PartySimilarly, the MACD level for BTC stands at 1182, presenting a buy signal. The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. A positive MACD indicates upward momentum, aligning with the bullish trend observed in Bitcoin’s price movement.from RSI and MACD, the TD Sequential indicator presents a contrasting perspective.

 

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