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Forex Signal For BTC/USD: Bears Keep Targeting 30,000 Level!

Forex Signal For BTC/USD: Bears Keep Targeting 30,000 Level!Forex Signal For BTC/USD: Bears Keep Targeting 30,000 LevelForex Signal For BTC

Forex Signal For BTC/USD: Bears Keep Targeting 30,000 Level!
Yazar: Ross Sutton

Yayınlanma: 13 Temmuz 2021 15:41

Güncellenme: 12 Kasım 2024 16:35

Forex Signal For BTC/USD: Bears Keep Targeting 30,000 Level!

  Forex Signal For BTC/USD: Bears Keep Targeting 30,000 Level!   While it is too early to tell, the pair could turn bearish as the bears target the next key support at $30,000.  

Bear Market Outlook

 
  • Set a sell-stop at 32,700 and take a profit at 30,000.
  • Add a stop-loss at 34,000.
  • Timetable: 1-2 days

Forex Signal For BTC/USD: Bears Keep Targeting 30,000 Level!

Bull Market Outlook

 
  • Set a buy-stop at 33,500 and take a profit at 35,000.
  • Add a stop-loss at 32,000.
While traders await the next catalyst, the BTC/USD pair is still in consolidation mode. The pair is trading at 33,120, about 4 % below last week's high. It is also roughly 50 % below the all-time high of $65,000.   btcusd-13072021  

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