BTC/USD Forex Signal: Bitcoin Rebounds After Hawkish Fed.
BTC/USD Forex Signal: Bitcoin Rebounds After Hawkish Fed.
With volume rising, the pair will likely continue to rise as the bulls target the next key resistance level at 46,000.
Bull Market Outlook
- Buy the BTC/USD pair and make a profit at 46,000.
- Add a stop-loss at 43,000.
- Timetable: 2 days.
BTC/USD Forex Signal: Bitcoin Rebounds After Hawkish Fed.
Bear Market Outlook
- Set a sell-stop at 43,500 and a take profit at 42,000.
- Add a stop-loss at 45,000.
BTC/USD rallied in the overnight session as investors reacted to the Federal Reserve decision, with bitcoin price rising from $39,680 to the current $44,100.
It's still about 16,50% below this month's high.
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