Forex Signal For BTC/USD: Relief Rally to Continue for Now.
Forex Signal For BTC/USD: Relief Rally to Continue for Now.
The pair will likely retrace the resistance at 45,850 and make a breakout and retest pattern.
Bull Market Outlook
- Buy BTC/USD and take a profit at 45,800.
- Add a stop-loss at 40,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Relief Rally to Continue for Now.
Bear Market Outlook
- Set a sell-stop at 42,000 and a take profit at 40,000.
- Add a stop-loss at 44,000.
BTC/USD held steady in the night session despite the hawkish remarks from the Federal Reserve chief, climbing to 43,000 and just above this week's low of 39,673.
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