Opinion: Bitcoin shows a buy signal and may rise to $75,000
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BlockBeats news, on May 31, according to crypto analyst Alicharts, a TD Sequential buy signal has appeared on Bitcoin's 12-hour chart, and there is a possibility of a rebound to $75,000.
TD Sequential is a momentum indicator developed by Tom DeMark, used to identify oversold reversal points, but its signals need to be validated with trading volume, ETF capital flows, and the macro environment. Currently, Bitcoin price is fluctuating within the $73,000-$74,000 range.
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