Forex Signal For BTC/USD: Fatigue Point Indicates Drop To 40,000.
Forex Signal For BTC/USD: Fatigue Point Indicates Drop To 40,000.
BTC/USD looks set to continue its uptrend as bull market resistance targets at 50,000.
Bear Market Outlook
- Sell BTC/USD and set take profit at 40,000
- Add a stop-loss at 46,760.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Fatigue Point Indicates Drop To 40,000.
Bull Market Outlook
- Set a buy-stop at 46,760 and add a take profit at 50,000.
- Add a stop-loss at 44,000.
BTC/USD struggled during the night session as sentiment reversed for cryptocurrencies and Bitcoin has dropped to a weekly low of $44,420, significantly lower from the weekend high of $48,000.
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