$BTCUSD Forex Signal: Brief Pullback to 22,600 Likely forexsignal TradingSignals
Enter your emailWhile the bullish trend will continue, the pair will likely pull back and retest the support at 23,000 and then resume the bullish trend.Timeline: 1 day.price continued rising as the bullish momentum continued.
Now, most analysts expect that the bank will be less aggressive than that. They expect that it will hike interest rates by 75 basis points as it continues fighting the soaring inflation. Many analysts compared it to the collapse of Lehman Brothers and its impact on the financial sector. However, most of the biggest companies in the industry like Coinbase, FTX, and Binance did well during the crash. Also, many BTC holders like Tesla and MicroStrategy have continued to hold their assets.
The performance of Ethereum is notable because of the close correlation that exists between cryptocurrencies. In most periods, cryptocurrency prices tend to move in sync with each other.The four-hour chart shows that the BTC/USD pair has been in a strong bullish trend in the past few weeks.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BTC/USD Forex Signal: Bullish Above $23kTrade the Bitcoin today using our forexsignal here: bitcoins bitcointrading bitcoinprice tradingwednesday
Read more »
USD/TRY Forex Signal: Falling to Record LowsThe lira fell against the dollar during European trading this morning, as the lira recorded its lowest level ever against the dollar
Read more »
GBP/USD Forex Signal: GBP Upside Remains Amid Hawkish BaileyThe GBP/USD currency pair held relatively steady after Andrew Bailey, the BoE governor reiterated that the committee will consider a 0.50% rate hike.
Read more »
EUR/USD Forex Signal: Euro Continues to Grind Ahead of ECBThe EUR/USD currency pair recovery accelerated after the strong European consumer inflation data.
Read more »
Forex Today: Dollar’s sell-off continuesWhat you need to take care of on Wednesday, July 20: The American dollar remained under selling pressure, falling to fresh July lows against most majo
Read more »
BTC/USD Forex Signal: Bullish Above $23kTrade the Bitcoin today using our forexsignal here: bitcoins bitcointrading bitcoinprice tradingwednesday
Read more »