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BTCUSD has the potential to rise in early 2024
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[QUOTE="FXOchartist, post: 342000, member: 90221"] JP Morgan analysts, led by global strategist Nikolaos Panigirtzoglou, warned that Bitcoin remains in “overbought” territory despite the crypto asset's recent decline in price. JP Morgan analysts further warned that the recent slowdown in Bitcoin exchange-traded fund (ETF) inflows casts doubt on the market's optimistic predictions of a year-end price rise. Bitcoin fell 1.43% today according to data from Coinmarketcap at a price range of Low $68,381.93 and a High $71,727.68. On Ticktrader the price moves slightly above the middle band line and forms an indecision candle. Bollinger bands draw flat lines and narrow, indicating reduced market volatility. [img]https://i.imgur.com/QOYSF1S.png[/img] [/QUOTE]
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BTCUSD has the potential to rise in early 2024
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