Forex Signal For BTC/USD: All Signs Pointing to a Strong Up Breakout.
Forex Signal For BTC/USD: All Signs Pointing to a Strong Up Breakout.
Bitcoin has been in the consolidation phase for the past few days as the market digests the latest interest rate decision.
Bull Market Outlook
- Buy the BTC/USD pair and make a profit of 22,000.
- Add a stop-loss at 20,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: All Signs Pointing to a Strong Up Breakout.
Bear Market Outlook
- Take a sell-stop at 20,800 and a profit at 19,000.
- Add a stop-loss at 21,500.
BTC/USD price continued to consolidate on Monday morning and was trading at 21,200 where it has been for the past few days as investors await the next catalyst.
This price remains about 17% above the October low.
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