Forex Signal For BTC/USD: Bullish Sentiment Stays in Range
Forex Signal For BTC/USD: Bullish Sentiment Stays in Range
Reaching the psychological level of 50,000, it became the next baseline reference level to watch.
Bull Market Outlook
- Set a buy-stop at 46,500 and a take profit at 48,000.
- Add a stop-loss at 43,500.
- Timetable: 2 days.
Bear Market Outlook
- Set a sell-stop at 42,000 and a take profit at 40,000.
- Add a stop-loss at 45,000.
BTC/USD price remains in a tight range as traders reflect on the impressive recent rally. The pair is trading at 44,659, well below the weekly high of 48,185. Its market capitalization is more than $830 billion.
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