Forex Signal For BTC/USD: In Range for Now.
Forex Signal For BTC/USD: In Range for Now.
For now, the pair will likely stay in the current range as investors wait for a catalyst.
Bull Market Outlook
- Buy BTC/USD and make a profit at 66,000.
- Add a stop-loss at 62,000.
- Timetable: 1-3 days.
Forex Signal For BTC/USD: In Range for Now.
Bear Market Outlook
- Set a sell-stop at 63,000 and take profit at 60,000.
- Add a stop-loss at 65,000.
BTC/USD is still hovering near its all-time high as traders reacted to the weekend's root raise and is trading at 64,000, roughly 7% below this month's high. At the same time, the Bitcoin Fear and Greed Index fell from last week's high of 76 to the current 72.
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