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🟠BITCOIN: MIXED SIGNALS, POTENTIAL REVERSALS

🟠BITCOIN: MIXED SIGNALS, POTENTIAL REVERSALS

Day: 08 | Time: 17:15:30 The price of Bitcoin is $57,206, with a 24-hour intraday range between $54,296 and $58,441. The market capitalization is $1.12 trillion, and the trading volume in the last 24 hours reaches $33.69 billion. Analysis of the charts at different time scales indicates a downward trend, but also signals of possible short-term upward reversals. The oscillators present a mix of neutral signals, while the moving averages suggest a uniform downward trend. However, significant volumes during the recovery phases indicate potential for an upward reversal. Nevertheless, technical indicators and prevailing sentiment indicate a risk of downward movement in the short term.

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