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Bitcoin (BTC) Holds Above $117K Despite Recent ETF Outflows – Technical Signals Point to Continued Strength
The Bitcoin price has shown remarkable resilience in the face of recent exchange-traded fund (ETF) outflows, demonstrating a strong technical setup that suggests continued upward momentum.
As the cryptocurrency trades at $117,866 with a neutral RSI at 57.25, traders are faced with a critical decision: whether to buy or sell.
It is essential for investors to keep in mind that the current market conditions present both opportunities and risks.
Source: Blockchain.News
