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Market news: Multiple indicators show that BTC has not yet reached the peak level of a bull market

2024-11-09 11:10:56

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ChainCatcher message, Lookonchain posted on platform X that, based on indicators such as the rainbow chart, Relative Strength Index (RSI), 200-week moving average heatmap, cumulative value of destroyed coin days (CVDD), and the 2-year MA multiplier, although Bitcoin has reached an all-time high, it has not yet reached the peak level of a bull market.

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BTC bull market RSI

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