Forex Signal For BTC/USD: Bitcoin Forms A Symmetrical Triangle Curve Pattern.
Forex Signal For BTC/USD: Bitcoin Forms A Symmetrical Triangle Curve Pattern.
Specifically, Bitcoin manages to outperform American stocks.
Bear Market Outlook
- Sell the BTC/USD pair and take profit at 18,000.
- Add a stop-loss at 20,500.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bitcoin Forms A Symmetrical Triangle Curve Pattern.
Bull Market Outlook
- Take a buy stop at 19,800 and a profit at 21,000.
- Add a stop-loss at 18,000.
BTC/USD price continues to consolidate as traders await the next catalyst, while bitcoin has been trading at $19,200 for the past few weeks.
The US dollar index (DXY) fell nearly 3% in September, rising to its highest level in more than two decades.
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