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via Cointelegraph · By Cointelegraph Staff
Bitcoin Price May Hit $90K as FTX-Era Bullish BTC Signal Flashes Again
BTC
BTC/USDT
$62,699.99
+0.19%
$62,699.99
+0.19%
(24s)24h Volume
$8,820,286,306.49
24h H/L
$63,461.99 / $62,436.59
Change: $1,025.40 (1.64%)
Long/Short
61.8%
Long: 61.8%Short: 38.2%
Funding Rate
+0.0035%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(02:30 PM UTC)
1 min read
604 views
0 commentsBitcoin (BTC) is showing a rare divergence between its falling prices and rising momentum, a setup that last appeared around the FTX-era market bottom.
Key takeaways:
- Bitcoin's second weekly bullish divergence on record is hinting at a rally toward $90,000.
- The cryptocurrency is also holding near its 200-week SMA, a level that has historically acted as a bottom zone during the 2015, 2018 and 2020…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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