Forex Signal For BTC/USD: Rollback to 45,820 Undeniable
Forex Signal For BTC/USD: Rollback to 45,820 Undeniable
The pair will likely continue to rise as the bull market targets the next neckline of the H&S pattern.
Bull Market Outlook
- Buy the BTC/USD pair and take a profit at 45,820.
- Add a stop-loss at 43,500.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Rollback to 45,820 Undeniable
Bear Market Outlook
- Set sell-stop at 43,800 and take profit at 42,500.
- Add a stop-loss at 44,500.
The BTC/USD pair rose to 44,406, the highest since Feb. 10, as market risks subsided.
That's about 33% higher than this year's lowest price. This jump brings the total market cap to over $833 million.
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