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Bitcoin rally shows signs of cooling even as a 'bull score' gauge nears its perfect score

#BTC

TLDR — A trend guage tracked on onchain analysis firm CryptoQuant is near its ceiling.

Signal data▲ Bullishconfidence 50%Low materiality
AssetBTCEventsector-trendEvent timeAttention0 readers/hrNormalSmart readers0

A trend guage tracked on onchain analysis firm CryptoQuant is near its ceiling. The buyers who drove BTC to an eight-month high are already pulling back.

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