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Forex Signal For BTC/USD: Short Rebound to Bitcoin Likely 18,000 Expected

Forex Signal For BTC/USD: Short Rebound to Bitcoin Likely 18,000 Expected Forex Signal For BTC/USD: Short Rebound to Bitcoin Likely 18,000

Forex Signal For BTC/USD: Short Rebound to Bitcoin Likely 18,000 Expected
Yazar: Ross Sutton

Yayınlanma: 24 Kasım 2022 22:18

Güncellenme: 18 Kasım 2024 05:51

Forex Signal For BTC/USD: Short Rebound to Bitcoin Likely 18,000 Expected

    Forex Signal For BTC/USD: Short Rebound to Bitcoin Likely 18,000 Expected   The collapse of FTX, the world's second largest crypto exchange, has been the main catalyst for the BTC/USD price over the past weeks.  

Bull Market Outlook,

 
  • Buy the BTC/USD pair and make a profit of 18,000.
  • Add a stop-loss at 15,700.
  • Timetable: 1 day.
 

Forex Signal For BTC/USD: Short Rebound to Bitcoin Likely 18,000 Expected

 

Bear Market Outlook

 
  • Set a sell stop at 16,000 and a take profit at 15,000.
  • Add a stop-loss at 17,000.
  BTC/USD rose slightly on Wednesday and Thursday mornings as more disclosures of FTX's collapse emerged, while bitcoin rose to $16,500, just above this week's low of $15,477. It remains significantly lower than this month's high of $21,500.   btcusd_24112022_cryspus

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