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Coin Telegraph
1w
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Image Credit: Coin Telegraph
Bitcoin shows signs of 'easing momentum' but traders still expect $150K
- Bitcoin's RSI has dropped 15% and is now below the overbought threshold.
- Bitcoin futures have turned bearish with a 43% decline in perpetual CVD, indicating stronger sell-side flows.
- Analysts predict Bitcoin could reach $150,000 as long as a key support level holds.
- Despite showing signs of easing momentum, Bitcoin traders are still optimistic about the price reaching $150,000.
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