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.
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