Forex Signal For BTC/USD: Drops Indicates More Weakness
Forex Signal For BTC/USD: Drops Indicates More Weakness
The two are also likely to fall, as the Bear Market tried to reach below last week's low of 38,500.
Bear Market Outlook
- Sell the BTC/USD pair and buy it for 38,000.
- Set a stop-loss to 40,500
- Timeline: 1 day.
Forex Signal For BTC/USD: Drops Indicates More Weakness
Bull Market Outlook
- Set a buy for 40,300 and a profit for 42,000.
- Add a stop-loss to 38,000.
The BTC/USD party moved horizontally during the weekend, falling just short of the 40,000 level of support as financial market sentiment waned.
It's fallen above 17% from its highest level this month.
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