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Forex Signal For BTC/USD: Break & Retest Signals Show Weakness.

Forex Signal For BTC/USD: Break & Retest Signals Show Weakness. Forex Signal For BTC/USD: Break & Retest Signals Show Weakness. Forex Signal

Forex Signal For BTC/USD: Break & Retest Signals Show Weakness.
Yazar: Ross Sutton

Yayınlanma: 31 Ağustos 2021 09:42

Güncellenme: 19 Kasım 2024 08:10

Forex Signal For BTC/USD: Break & Retest Signals Show Weakness.

    Forex Signal For BTC/USD: Break & Retest Signals Show Weakness.   The pairity is likely to continue its downtrend as the bears target the key support at 45,590.  

Bear Market Outlook

 
  • Sell ​​BTC/USD and take profit at 45,000.
  • Add a stop-loss at 48,500.
  • Timetable: 1-2 days.
 

Forex Signal For BTC/USD: Break & Retest Signals Show Weakness.

Bull Market Outlook

 
  • Set a buy-stop at 48,500.
  • Take profit at 50,000 and add a stop loss at 47,000.
  BTC/USD's recent bullish momentum is waning as the bulls try to push it above the 50,000 mark, trading at 46,982, significantly lower than last week's high of 50,000. Its total market capitalization fell to over $880 billion.   btcusd-31082021

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