Forex Signal For BTC/USD: Bearish Movements with Strong Bearish & Retest Signals
Forex Signal For BTC/USD: Bearish Movements with Strong Bearish & Retest Signals
The pair is likely to continue its uptrend as long as the bulls retarget the crucial resistance level at 24,400 last week's high.
Bull Market Outlook
- Buy the BTC/USD pair and take a profit at 24,400.
- Add a stop-loss at 21,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bearish Movements with Strong Bearish & Retest Signals
Bear Market Outlook
- Take a sell-stop at 22,000 and a profit at 21,000.
- Add a stop-loss at 23,500.
BTC/USD price continues to trade at 22,700, down slightly from last week's high as investors reflect on news that Tesla sold some of their coins in the second quarter.
It's about 6.40% below this month's high.
You may also be interested in: