Forex Signal For BTC/USD: The Expectation Of Bears Is 20,000
Forex Signal For BTC/USD: The Expectation Of Bears Is 20,000
The pair will likely continue its downtrend as long as the sellers target the key support at 20,000.
Bear Market Outlook
- Sell the BTC/USD pair and take a profit at 20,000.
- Add a stop-loss at 23,500.
- Timetable: 1 day.
Forex Signal For BTC/USD: The Expectation Of Bears Is 20,000
Bull Market Outlook
- Set a buy stop at 22,000 and a take profit at 24,000.
- Add a stop-loss at 20,000.
BTC/USD price moved sideways as traders traded at 21,550 in the Asian session, reflecting recent selling.
It was significantly lower than this month's high of 25,271. Other cryptocurrencies such as Ethereum and BNB also continued to move sideways.
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