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Forex Signal For BTC/USD: Persistent Weakness in the Short Term

Forex Signal For BTC/USD: Persistent Weakness in the Short TermForex Signal For BTC/USD: Persistent Weakness in the Short Term

Forex Signal For BTC/USD: Persistent Weakness in the Short Term
Yazar: Ross Sutton

Yayınlanma: 27 Temmuz 2021 12:37

Güncellenme: 16 Kasım 2024 21:13

Forex Signal For BTC/USD: Persistent Weakness in the Short Term

  Forex Signal For BTC/USD: Persistent Weakness in the Short Term   In the near-term, bear market target of $33,383 pivot point is expected to continue bearish trend.  

Bear Market Outlook

  • Sell BTC/USD to get a profit of $33,383.
  • Add a stop-loss at $39,372.
  • Timetable: 2 days.

Forex Signal For BTC/USD: Persistent Weakness in the Short Term 

Bull Market Outlook

  • Set a buy-stop at $37,500 and take a profit at $40,000.
  • Add a stop-loss at $37,000.
  The BTC/USD pullback in the Evening session came after hitting a six-week high on Monday. Bitcoin price is currently at $37,116, which is about 8% below this week's high.   btcusd-27072021  

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