Forex Signal For BTC/USD: Worth Retesting 22,500 As Earning Season Continues.
Forex Signal For BTC/USD: Worth Retesting 22,500 As Earning Season Continues.
The pair is likely to continue to rise as traders target the key resistance at 22,500.
Bull Market Outlook
- Buy the BTC/USD pair and take a profit at 22,500.
- Add a stop-loss at 20,000.
- Timetable: 1 day.
Forex Signal For BTC/USD: Worth Retesting 22,500 As Earning Season Continues.
Bear Market Outlook
- Take a sell stop at 20,500 and a profit at 18,000.
- Add a stop-loss at 21,500.
The BTC/USD pair consolidated as investors weighed the latest US consumer inflation data and the earnings season kicked off. Bitcoin soared to $21,668, the highest level since July 10.
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