Bitcoin’s Recent Uptick Faces Uncertain Future Amid Bearish Technical Indicators: CryptoQuant Analysis
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Bitcoin has recently shown a minor recovery from its lows, bouncing back to $59,000 after falling to $53,500. This decrease was primarily due to sell-offs from the US, Germany, and Mt. Gox. Despite this uptick, technical indicators suggest a persistent bearish trend, leading experts to remain cautious about a bullish reversal.
Source: en.coinotag.com ↗
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