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Forex Signal For BTC/USD: Range Limited But Breakout Possible.

Forex Signal For BTC/USD: Range Limited But Breakout Possible. Forex Signal For BTC/USD: Range Limited But Breakout Possible.

Forex Signal For BTC/USD: Range Limited But Breakout Possible.
Yazar: Ross Sutton

Yayınlanma: 3 Ocak 2022 13:15

Güncellenme: 14 Mayıs 2024 15:12

Forex Signal For BTC/USD: Range Limited But Breakout Possible.

  Forex Signal For BTC/USD: Range Limited But Breakout Possible. The pair will likely stay in this range today.  

Bear Market Outlook

 
  • Sell ​​BTC/USD and set a take profit at 45,700.
  • Add a stop-loss at 48,000.
  • Timetable: 1-2 days.
 

Forex Signal For BTC/USD: Range Limited But Breakout Possible.

 

Bull Market Outlook

 
  • Set a buy-stop at 47,000 and take profit at 49,000.
  • Add a stop-loss at 45,700.
  The BTC/USD pair is trading at 46,865, which is about 31% below the 2021 high and is off to a sluggish start to the year as demand for Bitcoin remains low. It's also roughly $14,000 above the 2021 level.   btcusd-crispus-03012022  

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