Forex Signal For BTC/USD: Bitcoin Appears to be in a Position to Rise.
Forex Signal For BTC/USD: Bitcoin Appears to be in a Position to Rise.
BTC/USD price is expected to react to the latest economic data from the US from now on.
Bull Market Outlook
- Buy the BTC/USD pair and take profit at 17,500.
- Add a stop-loss at 15,500.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bitcoin Appears to be in a Position to Rise.
Bear Market Outlook
- Sell the BTC/USD pair and make a profit of 15,000.
- Add a stop-loss at 17,300.
BTC/USD price moves sideways as the reflection on FTX and Alameda Research continues, with Bitcoin holding just above $16,000 just above this month's low of 15,510.
Like other cryptocurrencies, Bitcoin is experiencing double-digit drops from this month's high.
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