Forex Signal For BTC/USD: Bitcoin Downtrends
Forex Signal For BTC/USD: Bitcoin Downtrends
The pair will likely go bearish soon.
Bear Market View
- Sell the BTC/USD pair and make a profit of $28,500.
- One stop-loss to 33,000.
- Timeline: 1-2 days.
Forex Signal For BTC/USD: Bitcoin Downtrends
Bull Market Look
- Buy for 32,000 and make a profit of 33,500.
- Add profit at 30,000.
BTC/USD is trading at $31,600, slightly above this week’s $29,800 level, as it struggles to stabilize in the Americas and Asian sessions after falling to its lowest level since July last year.
But will US inflation data change sentiment?
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