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Forex Signal For BTC/USD: Bitcoin Recovery Gains Momentum

Forex Signal For BTC/USD: Bitcoin Recovery Gains Momentum Forex Signal For BTC/USD: Bitcoin Recovery Gains Momentum

Forex Signal For BTC/USD: Bitcoin Recovery Gains Momentum
Yazar: Ross Sutton

Yayınlanma: 1 Haziran 2022 17:22

Güncellenme: 11 Mayıs 2024 19:40

Forex Signal For BTC/USD: Bitcoin Recovery Gains Momentum

    Forex Signal For BTC/USD: Bitcoin Recovery Gains Momentum  The overall trend is bullish, which brings the expectation that Bitcoin will likely retest the resistance at $35,000.  

Bull Market Outlook

 
  • Buy the BTC/USD pair and make a profit of 34,000.
  • Add a stop-loss at 31,000.
  • Timetable: 1-2 days.
 

Forex Signal For BTC/USD: Bitcoin Recovery Gains Momentum

 

Bear Market Outlook

 
  • Sell ​​the BTC/USD pair and take a profit at 31,000.
  • Add a stop-loss at 33,500.
  The BTC/USD pair maintained its bullish momentum as traders continued to buy the bearish. Bitcoin has soared to $32,100 this year, the highest level since May 9th. It has rebounded strongly after rising 27% from its May low.   btcusd-crispus-01062022  

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