Forex Signal For BTC/USD: Probability of Rising to 50,000
Forex Signal For BTC/USD: Probability of Rising to 50,000
The pair will likely continue to maintain its bullish momentum as the bulls try to recapture moves above 50,000.
Bull Market Outlook
- Buy BTC/USD and set to take profit at 50,000.
- Add a stop-loss at 41,265.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Probability of Rising to 50,000
Bear Market Outlook
- Set a sell-stop at 44,000 and take profit at 41,000
- Add a stop-loss at 47,000.
The pair stayed in a tight range after strong Coinbase gains and the infrastructure bill passed by the US Senate.
Bitcoin continues to trade at $45,915, just below this week's high of $46,670.
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