Forex Signal For BTC/USD: Reached the Top of Strong Bullish Breakout
Forex Signal For BTC/USD: Reached the Top of Strong Bullish Breakout
The pair is likely to continue bullish this week as long as traders aim for the next key resistance at 26,000.
Bull Market Outlook
- Buy the BTC/USD pair and make a profit of 26,000.
- Add a stop-loss at 23,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Reached the Top of Strong Bullish Breakout
Bear Market Outlook
- Take a sell stop at 23,500 and a profit at 22,000.
- Add a stop-loss at 25,000.
BTC/USD price rose solidly above resistance at 24,000 amid emerging market sentiment, hitting 24,955, its highest since June 13 of this year.
That is, it has recovered about 40% from its lowest level this year.
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