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Forex Signal For BTC/USD: Bitcoin Still In The Price Discovery Stage Attracts Attention.

Forex Signal For BTC/USD: Bitcoin Still In The Price Discovery Stage Attracts Attention. Forex Signal For BTC/USD: Bitcoin Still In The Price

Forex Signal For BTC/USD: Bitcoin Still In The Price Discovery Stage Attracts Attention.
Yazar: Ross Sutton

Yayınlanma: 10 Ağustos 2022 13:30

Güncellenme: 8 Kasım 2024 04:52

Forex Signal For BTC/USD: Bitcoin Still In The Price Discovery Stage Attracts Attention.

    Forex Signal For BTC/USD: Bitcoin Still In The Price Discovery Stage Attracts Attention.   It is likely to continue consolidating, followed by a bullish turn later this month.  

Bull Market Outlook

 
  • Set a buy stop at 23,700 and a take profit at 24,600.
  • Add a stop-loss at 22,500.
  • Timetable: 1-2 days.
 

Forex Signal For BTC/USD: Bitcoin Still In The Price Discovery Stage Attracts Attention.

 

Bear Market Outlook

 
  • Take a sell stop at 22,500 and a profit at 20,000.
  • Add a stop-loss at 24,000.
As BTC/USD price pulled back in the overnight session, the focus shifted to the upcoming US inflation data. The pair dropped below this week's high of 24,600 to 23,117.   btcusd-crispus-10082022  

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