Forex Signal For BTC/USD: On Way To Hit 60,000.
Forex Signal For BTC/USD: On Way To Hit 60,000.
The pair is likely to bounce higher in the near term.
Bull Market Outlook
- Buy the BTC/USD pair and make a profit at 60,000.
- Add a stop-loss at 56,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: On Way To Hit 60,000.
Bear Market Outlook
- Set a sell-stop at 57,000 and a take profit at 55,000.
- Add a stop-loss at 59,000.
BTC/USD also rallied as the market ignored the hawkish statement from the Federal Reserve chief, with investors reacting to the ongoing market action in the cryptocurrencies industry.
It's trading at 58,600, which is roughly 9,75% above November's low.
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