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Forex Signal For BTC/USD: Flag Points to a Traitorous Week

Forex Signal For BTC/USD: Flag Points to a Traitorous Week Forex Signal For BTC/USD: Flag Points to a Traitorous Week

Forex Signal For BTC/USD: Flag Points to a Traitorous Week
Yazar: Ross Sutton

Yayınlanma: 21 Kasım 2022 18:02

Güncellenme: 17 Mart 2024 08:47

Forex Signal For BTC/USD: Flag Points to a Traitorous Week

    Forex Signal For BTC/USD: Flag Points to a Traitorous Week   Most analysts expect the consequences of FTX's collapse to spread to other companies and cryptocurrencies as well.    

Bear Market Outlook

 
  • Sell ​​the BTC/USD pair and take profit at 15,500.
  • Add a stop-loss at 17,000.
  • Timetable: 1-2 days.
 

Forex Signal For BTC/USD: Flag Points to a Traitorous Week

 

Bull Market Outlook

 
  • Set a buy stop at 16,800 and a take profit at 17,500.
  • Add a stop-loss at 15,500.
  The BTC/USD price was in a consolidation phase on Monday as concerns over the cryptocurrency industry persist, while bitcoin has been trading at $16,555 for the past few days. This price is about 23% below this month's high.   btcusd_21112022_cryspus  

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