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Forex Signal For BTC/USD: Short Pullback Expected After Bull Market Bounce

Forex Signal For BTC/USD: Short Pullback Expected After Bull Market Bounce Forex Signal For BTC/USD: Short Pullback Expected After Bull

Forex Signal For BTC/USD: Short Pullback Expected After Bull Market Bounce
Yazar: Ross Sutton

Yayınlanma: 19 Temmuz 2022 15:02

Güncellenme: 8 Kasım 2024 20:59

Forex Signal For BTC/USD: Short Pullback Expected After Bull Market Bounce

    Forex Signal For BTC/USD: Short Pullback Expected After Bull Market Bounce  

Bear Market Outlook

 
  • Sell ​​the BTC/USD pair and take profit at 20,500.
  • Add a stop-loss at 23,000.
  • Timetable: 1 day.
 

Forex Signal For BTC/USD: Short Pullback Expected After Bull Market Bounce

 

Bull Market Outlook

 
  • Stop a buy at 22,800 and take a profit at 24,000.
  • Add a stop-loss at 21,500.
BTC/USD price rallied to a key resistance level as the mood among traders rose, while Bitcoin rallied to $22,600, its highest level since June. This increase was approximately 28.50% above the June low. While the prices of other cryptocurrencies such as Ethereum and Ripple rose, the combined market cap of all cryptocurrencies exceeded $1 trillion.   btcusd-crispus-19072022  

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