Forex Signal For BTC/USD: Bitcoin Will Retest $43,000
Forex Signal For BTC/USD: Bitcoin Will Retest $43,000
The pair will likely continue to rise as the bulls target the next key resistance at 43,000.
Bull Market Outlook
- Buy the BTC/USD pair and make a profit of 43,000 basis points.
- Add a stop-loss to 39,000.
- Timetable: 1 day
BTC/USD Forex Signal: Bitcoin Will Retest $43,000
Bear Market Outlook
- Get 39,000 sales points and 37,000 profits.
- Add a stop-loss to 42,000.
The BTC/USD pair has been hit hard as sentiment in the crypto sector has risen, climbing above 41,000 per day after falling as low as 38,700 monthly.
Other cryptocurrencies such as Ethereum, Solana, and Polkadot have also bounced, with the total digital currency market cap exceeding $1,9 trillion.
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