Forex Signal For BTC/USD: Bitcoin Recovery Moves in Bull Market Outlook.
Forex Signal For BTC/USD: Bitcoin Recovery Moves in Bull Market Outlook.
There is a possibility that the pair will continue its upward trend ahead of the inflation data.
Bull Market Outlook
- Set a buy-stop at 44,500 and a take profit at 46,000.
- Add a stop-loss at 41,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bitcoin Recovery Moves in Bull Market Outlook.
Bear Market Outlook
- Set a sell-stop at 42,500 and take profit at 40,000.
- Add a stop-loss at 44,000.
With the strong recovery stalling, the
BTC/USD pair fell slightly in the overnight session to trade at 43,463, about 4,50% below this week's high.
Still, that price is about 32% above this year's low.
You may also be interested in: