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Bitcoin MACD prints first bullish BTC price signal since October 2023
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Bitcoin MACD prints first bullish BTC price signal since October 2023

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Bitcoin MACD prints first bullish BTC price signal since October 2023
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Bitcoin MACD prints first bullish BTC price signal since October 2023

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Source: Coin Telegraph

Bitcoin indicator data suggests a stronger long-term picture than the current BTC price rejection from $69,000 would have traders believe.

Bitcoin dropped to one-week lows on Oct. 23 as a return to support tested bulls’ resolve.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed Bitcoin (BTC) price weakness delivering $60,063 on Bitstamp. 

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Author: William Suberg

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