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View: Bitcoin Technical Indicators in Overbought Territory, Possibly Signaling a Temporary Pullback

BlockBeats News, May 15th, according to analyst @ali_charts, Bitcoin may experience a brief pullback, with the RSI currently indicating overbought conditions.

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BTC climbs above institutional cost basis, next key question is whether ETFs will keep buying.
Fed Rate Hike, RSI Oversold Bounce, Continued M2 Growth, and other factors may have driven the market's rally.
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