Forex Signal For BTC/USD: Pair Rising as NASDAQ Correlation Intensifies.
Forex Signal For BTC/USD: Pair Rising as NASDAQ Correlation Intensifies.
The pair will likely continue to rise as the bull market targets initial resistance at 25,000.
Bull Market Outlook
- Set a buy stop at 22,000 and a take profit at 25,000.
- Add a stop-loss at 20,000.
- Timetable: 2 days.
Forex Signal For BTC/USD: Pair Rising as NASDAQ Correlation Intensifies.
Bear Market Outlook
- Take a sell-stop at 20,500 and a profit at 18,000.
- Add a stop-loss at 22,000.
BTC/USD price remains in the consolidation phase over the weekend as the market sentiment improves as it trades comfortably at 21,400 and above this month's low of 17,650.
Other cryptocurrencies such as Ethereum and Ripple are also in an uptrend.
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