Forex Signal For BTC/USD: Bitcoin Bullish Recovery To Continue.
Forex Signal For BTC/USD: Bitcoin Bullish Recovery To Continue.
The pair will likely continue to rise as the bulls target the key resistance at 45,000.
Bull Market Outlook
- Buy BTC/USD and make a profit at 45,000.
- Add a stop-loss at 42,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bitcoin Bullish Recovery To Continue.
Bear Market Outlook
- Set to take a sell-stop at 42,500 and a profit at 40,000.
- Add a stop-loss at 44,000.
BTC/USD tried to recover in the evening session as investors focused on key macro issues affecting the world economy. Bitcoin is trading at $43,000, which is a few points above this week's low of 40,000.
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