Forex Signal For BTC/USD: Market Relief With A New Embrace.
Forex Signal For BTC/USD: Market Relief With A New Embrace.
Investors will likely embrace the new normal after the pair pulls back slightly today. Thus, the couple is expected to make a comeback over the weekend.
Bear Market Outlook
- Sell the BTC/USD pair and take profit at 34,000.
- Add a stop-loss at 38,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Market Relief With A New Embrace.
Bull Market Outlook
- Set a buy-stop at 37,000 and take profit at 39,000.
- Add a stop-loss at 35,000.
The BTC/USD pair dropped overnight to trade at 36,176 just below Wednesday’s high of 39,000 as investors mirrored the latest Federal Reserve rate decision.
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