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Forex Signal For BTC/USD: Bitcoin Shows Strong Resistance at $21,890

Forex Signal For BTC/USD: Bitcoin Shows Strong Resistance at $21,890 Forex Signal For BTC/USD: Bitcoin Shows Strong Resistance at $21,890

Forex Signal For BTC/USD: Bitcoin Shows Strong Resistance at $21,890
Yazar: Ross Sutton

Yayınlanma: 28 Haziran 2022 14:09

Güncellenme: 8 Aralık 2024 11:48

Forex Signal For BTC/USD: Bitcoin Shows Strong Resistance at $21,890

    Forex Signal For BTC/USD: Bitcoin Shows Strong Resistance at $21,890 Bitcoin will likely continue its downtrend as sellers try to break below $20,000.  

Bear Market View

 
  • Sell ​​the BTC/USD pair and take a profit at 19,500.
  • Add a stop-loss at 21,500.
  • Timetable: 1-2 days.
 

Forex Signal For BTC/USD: Bitcoin Shows Strong Resistance at $21,890

 

Bull Market Outlook

 
  • Take a buy stop at 21,300 and a profit at 23,000.
  • Add a stop-loss at 20,000.
The BTC/USD pair slumped slightly as demand for Bitcoin and other cryptocurrencies waned, dropping from last week's high of $21,846 to $20,700. This price is about 18% above this month's low price.   btcusd-crispus-28062022

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