Forex Signal For BTC/USD: Rebound Is Becoming More And More Active.
Forex Signal For BTC/USD: Rebound Is Becoming More And More Active.
While the bulls are aiming for the next basic level of resistance at 50,000 in the coming days, the parity will probably be static.
Bull Market View
- Buy the BTC/USD pair and earn 50,000 basis points of margin.
- Add a stop-loss to 46,000.
- Timeline: 2-3 days
Forex Signal For BTC/USD: Rebound Is Becoming More And More Active.
Bear Market View
- Point of sale for 45,760 and profit for 42,000.
- Add a 48,000 stop-loss.
As the yields on US bonds rose lower and intrachain metrics improve, the spectacular return of BTC/USD accelerated on Tuesday morning, reaching 47,600 — the highest level since January of this year.
The parity has increased by more than 45% from its lowest level since the start of the year.
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