Forex Signal For BTC/USD: Bitcoin Will Break Above 50,000.
Forex Signal For BTC/USD: Bitcoin Will Break Above 50,000.
The pair is likely to trend higher as the bull market targets the next key resistance at 50,000.
Bull Market Outlook
- Buy BTC/USD and set a profit at 50,000
- Add a stop-loss at 45,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bitcoin Will Break Above 50,000.
Bear Market Outlook
- Set a sat-stop at 47,000 and take profit at 45,000
- Add a stop-loss at 50,000.
BTC/USD rose again over the weekend as investors remained optimistic about cryptocurrencies. The pair has been valued above 48,000 for the first time in more than two months, thus bringing the combined market cap of all cryptocurrencies above $2 trillion for the first time in months.
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