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Forex Signal For BTC/USD: Cautiously Optimistic About Bitcoin

Forex Signal For BTC/USD: Cautiously Optimistic About Bitcoin Forex Signal For BTC/USD: Cautiously Optimistic About Bitcoin

Forex Signal For BTC/USD: Cautiously Optimistic About Bitcoin
Yazar: Ross Sutton

Yayınlanma: 4 Ekim 2022 16:14

Güncellenme: 12 Kasım 2024 06:11

Forex Signal For BTC/USD: Cautiously Optimistic About Bitcoin

    Forex Signal For BTC/USD: Cautiously Optimistic About Bitcoin   BTC/USD price has been strongly correlated with US equities for most of this year.  

Bull Market Outlook

 
  • Buy the BTC/USD pair and make a profit of 21,000.
  • Add a stop-loss at 18,500.
  • Timetable: 1-2 days.
 

Forex Signal For BTC/USD: Cautiously Optimistic About Bitcoin

 

Bear Market Outlook

 
  • Take a sell stop at 19,200 and a profit at 18,000.
  • Add a stop-loss at 21,000.
  BTC/USD price continued to disconnect from US equities in the night session and remained stable at just under $20,000 even as bitcoin, bond yields and the US dollar index fell and US equities rose. It was trading at 19,600 on Tuesday morning.   btcusd_04102022_cryspus

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