10x Research: BTC has 2 reversal indicators recovering from deep oversold levels, but the bull market has not been confirmed

2024-09-10 08:29

BlockBeats news, on September 10, 10x Research posted on social media that two of BTC’s three reversal indicators have recovered from deep oversold levels, indicating the potential for a short-term rebound. In the absence of a clear bull market, trading Bitcoin has become more challenging in the current environment. On-chain analysis shows that the bull market cycle has shortened, but opportunities still exist for disciplined traders who can accurately predict macro events and adapt to the changing Bitcoin market structure.

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