Bitcoin Technical Analysis

Bitcoin has stalled below $110K as July begins, with multiple bearish signals hinting at a potential reversal.
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Bitcoin is currently experiencing conflicting signals across different timeframes. Locally, Bitcoin has entered a correction phase below the red Ichimoku cloud, indicating potential downside pressure in the short term.
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After a notable overnight decline precipitated by negative news, Bitcoin has predictably found support around the $65,000 level. This movement provides a clear demonstration of the effectiveness of our liquidity indicator in identifying key…
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