Forex Signal For BTC/USD: Bitcoin Finally Takes Full Control.
Forex Signal For BTC/USD: Bitcoin Finally Takes Full Control.
A move above the resistance at 20,500 will invalidate the bearish view.
Bear Market Outlook
- Sell the BTC/USD pair and take a profit at 18,500.
- Add a stop-loss at 20,500.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bitcoin Finally Takes Full Control.
Bull Market Outlook
- Take a buy stop at 20,500 and a profit at 21,500.
- Add a stop-loss at 18,000.
The BTC/USD currency pair continued to drop on Monday morning as the recent selloff continued, dropping to $19,788, its lowest level since July 14 of this year.
It's down more than 20% from this month's high.
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