- Sell the BTC/USD pair and set a take-profit at 70,000. Add a stop-loss at 75,000. Timeline: 1-2 days.
- Buy the BTC/USD pair and set a take-profit at 75,000. Add a stop-loss at 70,000.
Top Regulated Brokers1 Get Started 74% of retail CFD accounts lose money
Bitcoin also retreated as American investors continued dumping their assets. Data shows that the funds shed over $95 million on Tuesday, with most of the outflows happening in the iShares Bitcoin ETF (IBIT). The funds have now lost over $1.5 billion this month, more than triple what they lost last month.
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