Forex Signal For BTC/USD: Selling Has Not Started Yet.
Forex Signal For BTC/USD: Selling Has Not Started Yet.
Bear Market Outlook
- Sell the BTC/USD pair and take profit at 29,400.
- Add a stop-loss at 35,000.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: Selling Has Not Started Yet.
Bull Market Outlook
- Set a buy-stop at 34,000 and take profit at 36,000.
- Add a stop-loss at 32,000.
As investors continue to worry about the hawkish Federal Reserve and escalating regulatory issues, the BTC/USD pair has dropped to 33,000, its lowest level since July last year, as it continued its bearish trend in the evening session.
It's down nearly 50% from its 2021 high.
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