Forex Signal BTC/USD: Russian Crisis Evolves, BTC Pulls Back
Forex Signal BTC/USD: Russian Crisis Evolves, BTC Pulls Back
The two may continue to decline today as market sentiments deteriorate.
Bear Market Outlook
- Stop sales at 36,000 and set a profit at 35,000.
- Add a stop-loss at 38,000.
- Timeline: 1 day.
Forex Signal BTC/USD: Russian Crisis Evolves, BTC Pulls Back
Bull Market Outlook
- Stop buy at 38,500 and set a profit at 40,000.
- Add a lost-stop at 36,000
The
BTC/USD pair rebounded from a first-out after Western countries announced new sanctions against Russia at the weekend and now trades at 37,765, significantly higher than last week's lowest level of 34,343.
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