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Bitcoin eases on Monday, shifting focus towards the floor of near-term consolidation range (50500) established after larger bulls started to run out of steam and left fresh multi-month peak at 53017 (Feb 20). Early signal of an uptrend’s stall and subsequent correction has been generated from daily RSI bearish divergence and strongly overbought weekly studies. […]

The post Bitcoin – Bulls Taking a Breather for Consolidation/Limited Correction appeared first on Action Forex.

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24/02/2024

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