Forex Signal For BTC/USD: The path to Bitcoin 17,000 is Becoming Clear.
Forex Signal For BTC/USD: The path to Bitcoin 17,000 is Becoming Clear.
While the US dollar index continues its upward trend, the
BTC/USD price continues to decline.
Bear Market Outlook
- Sell the BTC/USD pair and take profit at 17,000.
- Add a stop-loss at 19,800.
- Timetable: 1-2 days.
Forex Signal For BTC/USD: The path to Bitcoin 17,000 is Becoming Clear.
Bull Market Outlook
- Take a buy stop at 19,500 and a profit at 21,000.
- Add a stop-loss at 18,000.
BTC/USD continued to slide in the overnight session and amid stock and bond sales as concerns over interest rates and demand persist.
The pair slumped to 18,900, its lowest level since July.
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