Forex Signal For BTC/USD: Possible Capitulation in Bear Market.
Forex Signal For BTC/USD: Possible Capitulation in Bear Market.
BTC/USD price has been in the consolidation phase for more than 120 days.
Bull Market Outlook
- Take a buy stop at 19,600 and a profit at 20,200.
- Add a stop-loss at 18,500.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Possible Capitulation in Bear Market.
Bear Market Outlook
- A sell stop at 18,500
- and take a profit at 17,500.
- Add a stop-loss at 20,500.
BTC/USD remained in a tight range on Wednesday morning as the US dollar index continued to rise, dropping to 18,840, the lowest since Sept. 28.
It's down about 7% from this month's high.
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