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Forex Signal For BTC/USD: Bitcoin Price Will Maintain Weak Outlook For Longer.

Forex Signal For BTC/USD: Bitcoin Price Will Maintain Weak Outlook For Longer. Forex Signal For BTC/USD: Bitcoin Price Will Maintain Weak

Yazar: Ross Sutton

Yayınlanma: 19 Nisan 2022 16:06

Güncellenme: 12 Kasım 2024 02:37

Forex Signal For BTC/USD: Bitcoin Price Will Maintain Weak Outlook For Longer.

    Forex Signal For BTC/USD: Bitcoin Price Will Maintain Weak Outlook For Longer. There's a chance that the parity will continue to fall as the bears target the key support level at 35,000.  

Bear Market Outlook

 
  • Sell your BTC/USD pair and earn a 35,000 basis point profit.
  • Add a stop-loss to 41,000.
  • Timeline: 1-2 days.
 

Forex Signal For BTC/USD: Bitcoin Price Will Maintain Weak Outlook For Longer. 

Bull Market View

 
  • 40,000 to stop buying and 43,000 to profit.
  • Add a stop-loss to 37,000.
As cryptocurrencies and stock sell-off continue, the BTC/USD pair fell below key support at 40,000, hitting a low of 38,677 on Monday, the lowest since March 15. The country is down more than 15% from its high this month.   bitcoin-shutter_16_9_1612529551-880x495  

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