Forex Signal For BTC/USD: Drop To 45,000 Cannot Be Ignored.
Forex Signal For BTC/USD: Drop To 45,000 Cannot Be Ignored.
The pair will likely continue to decline as the Bear Market targets the key support level at 45,000.
Bear Market Outlook
- Sell BTC/USD and set a take profit at 45,000.
- Add a stop-loss every 50,000.
- Timetable: 2 days.
Forex Signal For BTC/USD: Drop To 45,000 Cannot Be Ignored.
Bull Market Outlook
- Take a buy-stop at 48,000 and a profit at 50,000.
- Add a stop-loss to 46,000.
As investors ponder the upcoming Federal Reserve decision and ongoing cryptocurrency sales, the BTC/USD pair is trading at 47,482, about 32% below its recorded high as they are under pressure.
,
You may also be interested in: