Forex Signal For BTC/USD: Bitcoin Consolidation Continues
Forex Signal For BTC/USD: Bitcoin Consolidation Continues
Bear Market Outlook
- Sell the BTC/USD pair and take a profit at 18,500.
- Add a stop-loss at 20,500.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bitcoin Consolidation Continues
Bull Market Outlook
- Take a buy stop at 20,000 and a profit at 21,000.
- Add a stop-loss at 18,000.
BTC/USD price continued to consolidate on Monday, with the focus shifting to the upcoming US inflation data, trading at 19,522 on Monday, where it has been for the past few weeks.
Bitcoin has dropped almost 60% this year.
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