Bitcoin: Supply in Profit/Loss
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TRADERS TURN OPTIMISTIC AS DATA SHOWS RECORD LONG POSITIONS FOR BTC
BTC has recently seen large long positions cluster making the current price continued to pull it higher in long term range. The MACD histogram had turned positive, confirming that the upward momentum had increased, with the momentum clearly shifting to the upside.Although, the RSI is at 44.61 as of now, indicating neutral territory, but approaching the oversold region. If the RSI dips further, it could suggest weakening bullish sentiment and ope…
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