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Tag Archives: Global Strength Indicator

Technical Indicator Suggests Signs of Trouble for Bitcoin Ahead

Is it time to sell your bitcoin?Bitcoin May Hit a Snag in the Coming WeeksAccording to a technical indicator, bitcoin’s potential bull run of the last month may be coming to a sudden end, and trouble is brewing for the world’s number one cryptocurrency. The Global Strength Indicator – a tool designed to measure where bitcoin’s price will arrive in the coming weeks – is allegedly posting a “sell signal” for the first time in more than seven months.It’s odd that bitcoin would suddenly take a...

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