Bitcoin Eyes US Data Deluge, Charts Signal Seller Fatigue

Bitcoin Eyes US Data Deluge, Charts Signal Seller Fatigue

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That said, a strong follow-through remains elusive. “On bitcoin, yesterday saw a combined Key Reversal Up & Bullish Engulfing Pattern. However, there has been no follow-through higher today,” Eddie Tofpik, head of technical analysis and senior markets analyst at London-based ADM Investor Services International, wrote in a LinkedIn chat.

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