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Forex Signal For BTC/USD: A Rise To 34,000 Looks Likely!

Forex Signal For BTC/USD: A Rise To 34,000 Looks Likely!Forex Signal For BTC/USD: A Rise To 34,000 Looks Likely!Forex Signal For BTC/USD

Forex Signal For BTC/USD: A Rise To 34,000 Looks Likely!
Yazar: Ross Sutton

Yayınlanma: 15 Temmuz 2021 15:14

Güncellenme: 7 Kasım 2024 04:56

Forex Signal For BTC/USD: A Rise To 34,000 Looks Likely!

  Forex Signal For BTC/USD: A Rise To 34,000 Looks Likely!   The pair will likely continue to rise as the bulls target the upper side of the channel at 34,000.  

Bull Market Outlook

  • Buy BTC/USD to get a profit of $34,000.
  • Add a stop-loss at 31,600.
  • Timetable: 1 day.

Forex Signal For BTC/USD: A Rise To 34,000 Looks Likely!

Bear Market Outlook

  • Take a sell-stop at 32,000 and a profit at 30,000
  • Add a stop-loss at 33,500.
  Bitcoin price is still in consolidation mode even after the strong US inflation data released. The BTC/USD pair is at 32,740, which is in the range it has been in the last few sessions, which is roughly 50 % below the high point reached by Bitcoin this year.   btcusd-15072021  

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