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Crypto

Bitcoin Technical Signals Suggest Potential Major Bottom

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BTC
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The crypto market is facing a prolonged period of bearish momentum, with prices under pressure for several weeks.

Katie Stockton, founder of Fairlead Strategies, identified technical signals that could indicate a trend change in Bitcoin.

According to her analysis, Bitcoin shows a long-term oversold situation on two indicators monitored by her firm, which is rare and remains under watch.

This combination may signal the approach of a major bottom rather than a temporary rebound.

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