2 stories on Technical Analysis, newest first.
Bitcoin is trading around $65,000 as the market consolidates, with veteran trader Peter Brandt suggesting the cryptocurrency may be approaching a bottom. Meanwhile, gold prices have retreated to around $4,034 per ounce, reflecting broader shifts in investor positioning across safe-haven assets.
Multiple analysts and institutions are signaling that bitcoin's bear market may be reaching its bottom in the coming weeks or months. A technical indicator called TD9 recently fired for the first time since July 2022, which traders interpret as a reversal signal similar to what preceded the last market bottom.
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