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Bitcoin’s repeating bearish engulfing trend and spot ETF outflows boost odds of sub-$60K BTC

Repeat bearish engulfing candles near range highs and Bitcoin’s inability to flip $70,000 to support are possible signs of an incoming correction

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin’s repeating bearish engulfing trend and spot ETF outflows boost odds of sub-$60K BTC

Repeat bearish engulfing candles near range highs and Bitcoin’s inability to flip $70,000 to support are possible signs of an incoming correction

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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