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Forex Signal For BTC/USD: Downside Continues as Bitcoin Recovery Moves Less.

Forex Signal For BTC/USD: Downside Continues as Bitcoin Recovery Moves Less. Forex Signal For BTC/USD: Downside Continues as Bitcoin Recovery

Forex Signal For BTC/USD: Downside Continues as Bitcoin Recovery Moves Less.
Yazar: Ross Sutton

Yayınlanma: 6 Aralık 2022 17:26

Güncellenme: 21 Haziran 2024 18:01

Forex Signal For BTC/USD: Downside Continues as Bitcoin Recovery Moves Less.

    Forex Signal For BTC/USD: Downside Continues as Bitcoin Recovery Moves Less.   BTC/USD price continued to slide after a series of strong US economic data pointed to further rate hikes from the Fed.    

Bear Market Outlook

 
  • Sell ​​the BTC/USD pair and take profit at 16,200.
  • Add a stop-loss at 17,500.
  • Timeline: 1 day.
 

Forex Signal For BTC/USD: Downside Continues as Bitcoin Recovery Moves Less.

 

Bull Market Outlook

 
  • Buy the BTC/USD pair and make a profit of 18,000.
  • Add a stop-loss at 16,000.
  The BTC/USD price retreated in the night session as investors embraced the risk-averse sentiment, while Bitcoin slumped to around $17,000 from this week's high of $17,395. It remains in a narrow range that started last week.   btcusd_06122022_cryspus  

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