Forex Signal For BTC/USD: Pinch Points Rising to Major Pullback.
Forex Signal For BTC/USD: Pinch Points Rising to Major Pullback.
A reversal of the strong uptrend is likely this week.
Bear Market Outlook
- Set up a sell-stop at 37,500 and a take profit at 34,000.
- Add a stop-loss at 39,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Pinch Points Rising to Major Pullback.
Bull Market Outlook
- Take a buy-stop at 39,000 and a profit at 40,000.
- Add a stop-loss at 37,000.
BTC/USD price held steady over the weekend as it hit 38,750, its high in more than a week, as investors sought to buy the dip.
Other altcoins such as Ethereum, Ripple, and Binance Coin also rebounded, bringing the combined market cap of all cryptocurrencies to over $1,8 billion.
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