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<p>According to Ali, a well-known crypto trader, this week is <a href="https://twitter.com/ali_charts/status/1701700725737476256?t=DiWo_EkZ8rXHvsMC49shwg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">significant</a> for Bitcoin due to key financial events. Ali points out that the TD Sequential indicator, a tool commonly used for identifying market reversals, has signaled a ‘buy’ on Bitcoin’s weekly chart. This suggests potential upward momentum for the cryptocurrency.</p> 
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<p>However, for this ‘buy’ signal to be validated, Ali emphasizes that Bitcoin needs to close the week above $25,600. If this criterion is met, the targets could be $28,350 or even as high as $31,800. He also advises that one should always research and understand the indicators being used before making any investment decisions.</p> 
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<p>Ali’s analysis provides crucial insights, particularly in a week rife with financial events that could impact market trends. As always, make sure to conduct your own research and consult with financial advisors before making any investment choices.</p> 
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/an-indicator-signals-buy-on-the-bitcoin-weekly-chart-but-btc-needs-to-get-to-this-level/">An Indicator Signals “Buy” On the Bitcoin Weekly Chart, But BTC Needs to Get to This Level</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

An Indicator Signals “Buy” On the Bitcoin Weekly Chart, But BTC Needs to Get to This Level

CaptainAltcoin

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