Forex Signal For BTC/USD: It Is Worth Retesting Just Below The Rising Curve.
Forex Signal For BTC/USD: It Is Worth Retesting Just Below The Rising Curve.
The pair will likely continue to decline as long as the sellers target the lower end of the ascending channel at 21,500.
Bear Market Outlook
- Sell the BTC/USD pair and take a profit at 21,500.
- Add a stop-loss at 24,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: It Is Worth Retesting Just Below The Rising Curve.
Bull Market Outlook
- Take a buy stop at 23,500 and a profit at 25,000.
- Add a stop-loss at 22,000.
BTC/USD price retreated as the last spectacular rally faded during the American and Asian sessions, while Bitcoin dropped to $22,800, its lowest level since July 28 of this year.
It's down about 7% from its highest point in July.
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