Forex Signal For BTC/USD: Bullish Breakout to 60,000 Imminent.
Forex Signal For BTC/USD: Bullish Breakout to 60,000 Imminent.
As the bulls target the main resistance at 60,000, the pair will likely continue to rise due to the bullish flag pattern.
Bull Market Outlook
- Buy BTC/USD pair and chase a 60,000 gain.
- Add a stop-loss at 55,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bullish Breakout to 60,000 Imminent.
Bear Market Outlook
- Set a sell-stop at 55,000 and take profit at 53,000.
- Add a stop-loss at 57,000.
The
BTC/USD pair continued its bullish trend in the evening session even after JP Morgan's Jamie Dimon criticized Bitcoin, pushing the pair to 57,000, roughly 5,4% above Monday's low.
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