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Forex Signal For BTC/USD: BTC Under Extreme Pressure Ahead of Consolidation

Forex Signal For BTC/USD: BTC Under Extreme Pressure Ahead of Consolidation Forex Signal For BTC/USD: BTC Under Extreme Pressure Ahead

Forex Signal For BTC/USD: BTC Under Extreme Pressure Ahead of Consolidation
Yazar: Ross Sutton

Yayınlanma: 15 Eylül 2022 15:08

Güncellenme: 15 Kasım 2024 10:32

Forex Signal For BTC/USD: BTC Under Extreme Pressure Ahead of Consolidation

    Forex Signal For BTC/USD: BTC Under Extreme Pressure Ahead of Consolidation   BTC/USD continues to drop as investors readjust their forecasts for upcoming Federal Reserve actions  

Bear Market Outlook

 
  • Sell ​​the BTC/USD pair and take profit at 18,000.
  • Add a stop-loss at 21,000.
  • Timetable: 1-2 days.
 

Forex Signal For BTC/USD: BTC Under Extreme Pressure Ahead of Consolidation

 

Bull Market Outlook

 
  • Take a buy stop at 20,500 and a profit at 22,000.
  • Add a stop-loss at 18,000.
  Demand for cryptocurrencies fell below the 20,000 psychological level as demand evaporated, amid concerns over tighter monetary policy and the BTC/USD price continued its downward trend. While the Dow Jones and Nasdaq 100 indices fell for the second day in a row, this price action was also in line with the performance of American stocks.   btcusd_15092022_cryspus  

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