Forex Signal For BTC/USD: Bitcoin Has Ripened In A Bear Market.
Forex Signal For BTC/USD: Bitcoin Has Ripened In A Bear Market.
The pair is likely to remain bearish as sellers target the key support level at 18,000.
Bear Market Outlook
- Sell BTC/USD and take a profit at 18,000.
- Add a stop-loss at 21,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bitcoin Has Ripened In A Bear Market.
Bull Market Outlook
- Set a stop buy at 21,000 and a take profit at 22,000.
- Add a stop-loss at 18,000.
The fear and greed index and American stocks are pulling back, while the BTC/USD pair is trading at the key $20,000 support level.
This price is just above the year low of $17,657.
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