Forex Signal For BTC/USD: Probably Returns To All-Time High.
Forex Signal For BTC/USD: Probably Returns To All-Time High.
The pair remains bullish in the near term as the bulls aim the next key resistance level at 66,000.
will continue.
Bull Market Outlook
- Buy BTC/USD and take a profit at 66,500.
- Add a stop-loss at 60,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Probably Returns To All-Time High.
Bear Market Outlook
- Set a sell-stop at 61,000 and take a profit at 59,000.
- Add a stop-loss at 63,000.
The BTC/USD pair pulled back as investors remained optimistic about the growing demand for Bitcoin and other cryptocurrencies. Bitcoin is trading at $63,547, a few points below its all-time high of $66,900. It's also about 6,7% above the lowest level over the weekend.
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