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Forex Signal For BTC/USD: Possible Short Rebound Expected.

Forex Signal For BTC/USD: Possible Short Rebound Expected. Forex Signal For BTC/USD: Possible Short Rebound Expected.

Forex Signal For BTC/USD: Possible Short Rebound Expected.
Yazar: Ross Sutton

Yayınlanma: 28 Kasım 2022 16:07

Güncellenme: 15 Aralık 2024 08:44

Forex Signal For BTC/USD: Possible Short Rebound Expected.

    Forex Signal For BTC/USD: Possible Short Rebound Expected.   While the BTC/USD price has dropped this year for a variety of reasons, firstly, the cryptocurrency, just like stocks and commodities, has fallen due to the actions of the Federal Reserve.  

Bull Market Outlook

 
  • Buy the BTC/USD pair and take profit at 17,500.
  • Add a stop-loss at 16,000.
  • Timeline: 1 day.
 

Forex Signal For BTC/USD: Possible Short Rebound Expected.

 

Bear Market Outlook

 
  • Set sell stop at 16,357 and take profit at 15,500.
  • Add a stop-loss at 17,500.
  Bitcoin/USD price remains in consolidation over the weekend as demand for digital currencies remains tight, while bitcoin is trading at $16,520, where it has been for the past few days. It fell more than 70% this year, providing a market cap of over $317 billion.   btcusd_28112022_cryspu  

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