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Forex Signal For BTC/USD: Downtrend Still Looks Firm

Forex Signal For BTC/USD: Downtrend Still Looks Firm Forex Signal For BTC/USD: Downtrend Still Looks Firm Forex Signal For BTC/USD: Downtrend

Forex Signal For BTC/USD: Downtrend Still Looks Firm
Yazar: Ross Sutton

Yayınlanma: 19 Mayıs 2022 12:26

Güncellenme: 11 Nisan 2024 15:10

Forex Signal For BTC/USD: Downtrend Still Looks Firm

    Forex Signal For BTC/USD: Downtrend Still Looks Firm The pair will likely continue to decline as the Bear Market targets the next key support level at 27,500.  

Bear Market Outlook

 
  • Sell ​​the BTC/USD pair and take a profit at 27,500.
  • Add a stop-loss at 31,000.
  • Timetable: 1 day.
 

Forex Signal For BTC/USD: Downtrend Still Looks Firm

 

Bull Market Outlook

 
  • Stop-buy at 30,300 and take profit at 32,000.
  • Add a stop-loss at 28,000.
  While the BTC/USD pair correlation with American equities continued in the night session, Bitcoin dropped to $28,000, its lowest level since May 14. It fell 7,50% below this week's high.   btcusd-crispus-19052022  

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