Forex Signal For BTC/USD: Still Stuck in Limited Space Before Wall Street Reopens
Forex Signal For BTC/USD: Still Stuck in Limited Space Before Wall Street Reopens
The pair is likely to stay in this range as traders await the reopening of US markets.
Bull Market view
- Buy the BTC/USD pair and make a profit of 21,000.
- Add a stop-loss at 18,000.
- Timetable: 1 day.
Forex Signal For BTC/USD: Still Stuck in Limited Space Before Wall Street Reopens
Bear Market Outlook
- Sell the BTC/USD pair and take profit at 17,800.
- Add a stop-loss at 21,000.
The BTC/USD pair has been moving sideways amid concerns over the health of the cryptocurrency industry, while Bitcoin has been hovering around $20,200 for the past few days.
This price is just above last month's low of $17,623.
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