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Forex Signal For BTC/USD: Bears Dominate Crypto Tax Conversation.

Forex Signal For BTC/USD: Bears Dominate Crypto Tax Conversation.Forex Signal For BTC/USD: Bears Dominate Crypto Tax Conversation.Forex Signal

Forex Signal For BTC/USD: Bears Dominate Crypto Tax Conversation.
Yazar: Ross Sutton

Yayınlanma: 3 Ağustos 2021 11:09

Güncellenme: 8 Kasım 2024 18:31

Forex Signal For BTC/USD: Bears Dominate Crypto Tax Conversation.

  Forex Signal For BTC/USD: Bears Dominate Crypto Tax Conversation. The pair will likely continue to decline as the bears reach the next key support at $37,000.  

Bear market Outlook

 
  • Sell BTC/USD to get a profit at $37,000.
  • Add a stop-loss at $42,000.
  • Timetable: 1-2 days.

Forex Signal For BTC/USD: Bears Dominate Crypto Tax Conversation.

Bull Market Outlook

  • Set a buy-stop at $40,000 and take a profit at $42,000.
  • Add a stop-loss at $38,000.
Investors' reaction to proposed crypto taxes in the US caused the BTC/USD price to slide during the night session. Bitcoin price dropped from $42,640 to $38,726 over the weekend. btcusd-03082021

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