Forex Signal For BTC/USD: Fairly Favorable for a Rise to 60,000.
Forex Signal For BTC/USD: Fairly Favorable for a Rise to 60,000.
The pair will likely bounce back as the bulls target key resistance at 60,000.
Bull Market Outlook
- Buy BTC/USD and make a profit at 60,000.
- Add a stop-loss at 54,000.
- Timetable: 1-3 days.
Forex Signal For BTC/USD: Fairly Favorable for a Rise to 60,000.
Bear Market Outlook
- Take a sell-stop at 54,500 and a profit at 50,000.
- Add a stop-loss at 56,000.
The BTC/USD pair showed little reaction to the news that MicroStrategy had purchased additional Bitcoin as it continued in a tight range during the night session even after a relatively hawkish Federal Reserve chairman.
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