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Forex Signal For GBP/USD: Consolidation Below Expected $1,2338  ...

btcusd-crispus-28062022

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Forex Signal For BTC/USD: Major Sales Are Ongoing.

Forex Signal For BTC/USD: Major Sales Are Ongoing.

Ross Sutton by Ross Sutton
May 12, 2022
in Considerable Content, Daily Analysis
0
btcusd-crispus-12052022
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Forex Signal For BTC/USD: Major Sales Are Ongoing.

 

 

Forex Signal For BTC/USD: Major Sales Are Ongoing.

 

Bear Market View

 

  • Sell the BTC/USD and take a profit at 25,470.
  • Add stop loss to 30,000.
  • Timeline: 1 day.

 

 

Forex Signal For BTC/USD: Major Sales Are Ongoing.

 

Bull Market Look

 

  • Buy at 29,525 and set a profit of 32,000
  • And stop the loss for 27,000

 

BTC/USD dropped below support at 30,000 as demand for cryptocurrencies waned, slumping below 27,830, an eleven-month low.

The parity fell more than 60% compared to its all-time high.

 

btcusd-crispus-12052022

 

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