Forex Signal For BTC/USD: Pair Increases As Focus Shifts To Ethereum Merge.
Forex Signal For BTC/USD: Pair Increases As Focus Shifts To Ethereum Merge.
BTC/USD price has experienced a strong recovery over the past few days.
Bull Market View
- Buy the BTC/USD pair and take a profit at 22,700.
- Add a stop-loss at 20,566.
- Timeline: 1 day.
Forex Signal For BTC/USD: Pair Increases As Focus Shifts To Ethereum Merge.
Bear Market Outlook
- Take a sell stop at 21,200 and a profit at 20,000.
- Add a stop-loss at 22,500.
Bitcoin made a strong comeback to $22,000 over the weekend from last week's low of $18,515 as BTC/USD price continued to recover as the US dollar and VIX index retreated.
Focus shifts to upcoming US inflation data and Ethereum merger.
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