Forex Signal For BTC/USD: Bitcoin Ripe for a Tough Journey
Forex Signal For BTC/USD: Bitcoin Ripe for a Tough Journey
BTC/USD price collapsed as investors await further clarification and regulation. In the United States, the SEC and the Justice Department began investigating the company.
Bear Market Outlook
- Sell the BTC/USD pair and take profit at 15,000.
- Add a stop-loss at 18,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bitcoin Ripe for a Tough Journey
Bull Market Outlook
- Take a buy stop at 17,000 and take a profit at 18,000.
- Add a stop-loss at 16,000.
BTC/USD price remained under pressure over the weekend as cryptocurrency outflows continued, dropping from 18,160 last Friday's high to 16,500.
This price is just above last week's low of 15,487.
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