Forex Signal For BTC/USD: Bullish Run Reveals August High.
Forex Signal For BTC/USD: Bullish Run Reveals August High.
The pair is likely to continue up as the bulls aim to surpass last month's high of $50,000.
Bull Market Outlook
- Buy BTC/USD and make a profit at 51,000.
- Set a stop-loss at 47,500.
- Timetable: 2 days.
Forex Signal For BTC/USD: Bullish Run Reveals August High.
Bear Market Outlook
- Set it to sell-stop at 47,500 and take profit at 46,000.
- Add a stop-loss at 49,500.
BTC/USD price bounced back in the night session as demand for cryptocurrencies bounced back.
The pair rose to 49,860 from this week's low of 46,256. Other cryptocurrencies also rose, bringing the combined market cap of those tracked by CoinMarketCap to over $2,2 trillion.
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