Forex Signal For BTC/USD: H&S Pattern Pattern Points Drop To 20,000
Forex Signal For BTC/USD: H&S Pattern Pattern Points Drop To 20,000
It can be said that Bitcoin and other crypto money prices are experiencing their worst period this year.
Bull Market View
- Stop a buy at 23,200 and take a profit at 24,500.
- Add a stop-loss at 21,200.
- Timetable: 1 day.
Forex Signal For BTC/USD: H&S Pattern Pattern Points Drop To 20,000
Bear Market Outlook
- Sell the BTC/USD pair and take a profit at 21,000.
- Add a stop-loss at 23,500.
BTC/USD has pulled back during the American and Asian sessions even after the Federal Reserve's hawk decision, with Bitcoin retesting the key resistance level at $23,000, which was about 10% below last week's high.
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