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Bitcoin Gets Bullish MACD Signal as BTC Eyes $70K Breakout

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The shifting common convergence divergence (MACD) histogram, a technical evaluation indicator used to gauge development power and modifications, has flipped optimistic on the weekly chart for the primary time since April, based on charting platform TradingView. It signifies a renewed upward shift in momentum, implying a bullish decision to bitcoin’s extended backwards and forwards buying and selling between $50,000 and $70,000.



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