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Forex Signal for BTC/USD: Bitcoin Could Drop To $55,000 Soon.

Forex Signal for BTC/USD: Bitcoin Could Drop To $55,000 Soon. Forex Signal for BTC/USD: Bitcoin Could Drop To $55,000 Soon.

Forex Signal for BTC/USD: Bitcoin Could Drop To $55,000 Soon.
Yazar: Ross Sutton

Yayınlanma: 23 Kasım 2021 15:23

Güncellenme: 1 Mayıs 2024 13:43

Forex Signal for BTC/USD: Bitcoin Could Drop To $55,000 Soon.

  Forex Signal for BTC/USD: Bitcoin Could Drop To $55,000 Soon. The pair will likely continue to decline as the bears target the next key support at 55,000.  

Bear Market Outlook

 
  • Sell ​​the BTC/USD pair and add a stop loss at 55,000.
  • Add take profit at 59,000.
  • Timetable: 1-2 days.
 

Forex Signal for BTC/USD: Bitcoin Could Drop To $55,000 Soon.

 

Bull Market Outlook

 
  • Set a buy-stop at 59,000 and take profit at 61,000.
  • Add a stop-loss at 57,000.
  BTC/USD price remains under pressure as investors focus on demand, trading at $57,600, roughly % 16,55 below its record high. Other altcoins such as Ethereum, Binance Coin, and Dogecoin also pulled back. According to CoinGecko, the combined market cap of all cryptocurrencies has dropped to over $2,7 trillion.   btcusd-crispus-23112021 (1)  

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