Forex Signal For BTC/USD: Possible Short Pullback to 22,600 Expected.
Forex Signal For BTC/USD: Possible Short Pullback to 22,600 Expected.
As the uptrend continues, the pair will likely pull back and retest the support at 23,000. It is then expected to continue its upward trend.
Bear Market Outlook
- Sell the BTC/USD pair and make a profit at 22,500.
- Add a stop-loss at 24,500.
- Timetable: 1 day.
Forex Signal For BTC/USD: Possible Short Pullback to 22,600 Expected.
Bull Market Outlook
- Set a stop buy at 25,000 and take a profit at 26,000.
- Add a stop-loss at 23,000.
As the bullish momentum continued, BTC/USD price continued to rise and Bitcoin broke the key $24,000 resistance level, the highest level since June 13 of this year.
It rose more than 35% from its June low.
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