Forex Signal For BTC/USD: BTC Forms An Ascending Triangle Curve
Forex Signal For BTC/USD: BTC Forms An Ascending Triangle Curve
The pair will likely continue to rise as long as the bulls aim the next key resistance at 26,000.
Bull Market Outlook
- Buy the BTC/USD pair and make a profit of 26,000.
- Add a stop-loss at 22,500.
- Timetable: 2 days.
Forex Signal For BTC/USD: BTC Forms An Ascending Triangle Curve
Bear Market Outlook
- Take a sell stop at 23,800 and a profit at 22,000.
- Add a stop-loss at 25,000.
BTC/USD price has been on the rise as demand for cryptocurrencies rises, surpassing key resistance at 24,000, its highest point since July 30 of this year. Bitcoin has recovered more than 36% from its lowest level this year.
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