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Opinion: Bitcoin Bullish Signals Emerge

Opinion: Bitcoin Bullish Signals Emerge

Bitget2024/08/18 15:22

Bitcoin is approaching the key price level of $60,600 with several technical indicators showing bullish signals. Trader Titan of Crypto notes that both the Ichimoku cloud chart and MACD indicator are pointing to an imminent rise in Bitcoin. According to analyst Rekt Capital, if Bitcoin breaks above $60,600, it would mark a re-entry into the halved “accumulation range” and could lead to a rapid price rise in late September.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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