Forex Signal For BTC/USD: Drops Extremely Amid Contagion Risks.
Forex Signal For BTC/USD: Drops Extremely Amid Contagion Risks.
BTC/USD price has been on the brink of a slow recovery recently.
Bear Market Outlook
- Sell the BTC/USD pair and take profit at 17,000.
- Add a stop-loss at 20,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Drops Extremely Amid Contagion Risks.
Bull Market Outlook
- Take a buy stop at 19,500 and a profit at 21,000.
- Add a stop-loss at 18,000.
BTC/USD price dropped below 20,000 as the cryptocurrency industry came under pressure again and Bitcoin fell below its low of 19,000 in more than two weeks.
It has dropped over 12% from its highest point this month.
You may also be interested in: