Forex Signal For BTC/USD: Bitcoin Curve Shows Double Peak Pattern Forms
Forex Signal For BTC/USD: Bitcoin Curve Shows Double Peak Pattern Forms
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BTC/USD price soared after Elon Musk bought the giant social media company Twitter, buying the company for more than $44 billion in cash.
Bear Market Outlook
- Sell the BTC/USD pair and take a profit at 19,970.
- Add a stop-loss at 21,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bitcoin Curve Shows Double Peak Pattern Forms
Bull Market Outlook
- Take a buy stop at 20,800 and a profit at 21,500.
- Add a stop-loss at 19,000.
BTC/USD remained in the consolidation phase after making a strong comeback last week, while bitcoin was trading at $20,653, just below $21,000 last week's high.
It remains roughly 13,90% above this month's low.
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