Bitcoin TD Sequential Shows Buy Signal on 12H Chart, Analyst Eyes $75K Target

BTC1.3%
According to ChainCatcher, Bitcoin's 12-hour chart has displayed a buy signal via TD Sequential, a momentum indicator developed by Tom DeMark to identify oversold reversal points. Bitcoin is currently trading in the $73,000-$74,000 range. Analyst Alicharts suggests the signal could lead to a rebound toward $75,000, though such technical signals typically require confirmation from trading volume, ETF inflows, and macroeconomic conditions.
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