Forex Signal For BTC/USD: Bullish Trend Working Area Expanded.
Forex Signal For BTC/USD: Bullish Trend Working Area Expanded.
The pair is likely to continue its uptrend as the bulls target key resistance at 70,000.
Bull Market Outlook
- Set a buy-stop at 69,000 and take profit at 71,000.
- Add a stop-loss at 67,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bullish Trend Working Area Expanded.
Bear Market Outlook
- Set a sell-stop at 63,000 and take profit at 60,000.
- Add a stop-loss at 65,000.
The BTC/USD pair jumped to an all-time high at 69,166 on Wednesday as investors reflected on rising global inflation, then quickly wiped out some of those gains. It is trading at 64,322 giving Bitcoin a market cap of more than $1,2 trillion.
You may also be interested in: