From Investing.com: 2024-06-11 12:00:27

Bitcoin’s hourly chart shows a TD Sequential buy signal, indicating a potential price increase of one to four candlesticks. The indicator, created by Tom DeMark, identifies trend exhaustion points. Liquidation clusters and U.S. Bitcoin ETF outflows have contributed to the recent price drop. The buy signal may suggest a short-term reversal.

Read more at Investing.com: Buy Signal Appears on Hourly Bitcoin (BTC) Chart By U.Today