Forex Signal For BTC/USD: Although Range Still Limited, Positive Signs Appear
Forex Signal For BTC/USD: Although Range Still Limited, Positive Signs Appear
As the bulls target the top of the triangle formation at 44,000, the party may continue to rise.
Bull Market Outlook
- Buy BTC/USD and earn 44,000 base points.
- Add a stop-loss to 40,000.
- Timeline: One or two days.
Forex Signal For BTC/USD: Although Range Still Limited, Positive Signs Appear
Bear Market Outlook
- Get 42,400 points and take a profit at 40,000.
- Add a stop-loss to 44,000.
The BTC/USD couple gained stability during Tuesday and at night sessions, soaring above ground level of resistance (42,000), even after the Hawkish Fed testimonies.
Other coins such as Ethereum, Solana and XRP have since returned.
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