Forex Signal For BTC/USD: Return To 25,000 Cannot Be Ignored
Forex Signal For BTC/USD: Return To 25,000 Cannot Be Ignored
Bitcoin and other cryptocurrency prices have recovered overnight as investors focus on the upcoming Ethereum merger.
Bull Market Outlook
- Buy the BTC/USD pair and make a profit of 24,000.
- Add a stop-loss at 20,500.
- Timetable: 1 day.
Forex Signal For BTC/USD: Return To 25,000 Cannot Be Ignored
Bear Market Outlook
- Take a sell stop at 21,000 and a profit at 19,000.
- Add a stop-loss at 24,000.
BTC/USD price continues to recover as investors focus on the upcoming Ethereum merger and US inflation data, climbing to 22,500, the highest level since Aug.
It also rose more than 22% from last week's low.
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