Forex Signal For BTC/USD: BTC Will Reach $44K After Burst In Bull Market
Forex Signal For BTC/USD: BTC Will Reach $44K After Burst In Bull Market
The parity is likely to continue to rise today as the bulls hit the lock resistance 44,000.
Bull Market View
- Buy the BTC/USD pair and earn a profit at 44,000.
- Add a stop-loss at 41,000.
- Timeline: 1 day.
Forex Signal For BTC/USD: BTC Will Reach $44K After Burst In Bull Market
Bear Market View
- Sell your BTC/USD pair and get a profit at 40,000.
- Add a stop-loss at 42,000.
While the BTC/USD had remained in a tight range for the past few days due to ongoing concerns about the Federal Reserve, the Parity traded at 42,896, the highest level since March 2nd.
This price is well below the all-time high of 70,000.
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