Forex Signal For BTC/USD: Bullish Momentum Is Just In The Midst Of Buying Drops.
Forex Signal For BTC/USD: Bullish Momentum Is Just In The Midst Of Buying Drops.
The pair is likely to continue its recovery as the bull market targets the key resistance level at 53,390 November 29 low.
Bull Market Outlook
- Buy BTC/USD and take a profit at 53,400.
- Add a stop-loss at 48,000.
- Timetable: 2 days.
Forex Signal For BTC/USD: Bullish Momentum Is Just In The Midst Of Buying Drops.
Bear Market Outlook
- Set a sat-stop at 48,000 and add a profit at 46,000.
- Add a stop-loss every 50,000.
The BTC/USD pair rallied in the nighttime session as market sentiment improved to 50,755, roughly 20% above the weekend low.
Still, the price is about $18,000 below its all-time high.
You may also be interested in: