Forex Signal For BTC/USD: Bull Market Signals to Move Flag Higher.
Forex Signal For BTC/USD: Bull Market Signals to Move Flag Higher.
The pair is likely to go higher as traders target the 61,8% Fibonacci retracement level at 44,772.
Bull Market Outlook
- Buy the BTC/USD pair and make a profit at 44,000.
- Add a stop-loss at 40,000.
- Timetable: 1-3 days.
Forex Signal For BTC/USD: Bull Market Signals to Move Flag Higher.
Bear Market Outlook
- Sell the BTC/USD pair and set take profit at 40,000.
- Add a stop-loss at 43,000.
The BTC/USD pair posted strong gains over the weekend as the market mood improved after strong Amazon gains.
It broke the key resistance level at 40,000 for the first time since Jan. 20.
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