Forex Signal For BTC/USD: Bulls Biased Range Limited.
Forex Signal For BTC/USD: Bulls Biased Range Limited.
At this stage, the outlook for Bitcoin is neutral.
Bear Market Outlook
- Set a sell-stop at 46,000 and add a profit at 45,000.
- Add a stop-loss at 47,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Bulls Biased Range Limited.
Bull Market Outlook
- Buy the BTC/USD pair and make a profit at 47,000.
- Add a stop-loss at 45,700.
The BTC/USD pair came under pressure in the evening session as the Bitcoin hashrate climbed to an all-time high and dropped above the 45,700 key support level at 46,490.
It is down 32% from its all-time high of 68,880.
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