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BTC/USD: Bullish Flag Points to an Uptober Rally
Bullish view Buy the BTC/USD pair and set a take-profit at 120,000. Add a stop-loss at 112,000. Timeline: 1-2 days. Bearish view Sell the BTC/USD pair and set a take-profit at 112,000. Add a stop-loss at 121,000. Bitcoin price jumped to the highest level since August as investors predicted that more gains would happen in the so-called Uptober. It also happened as the government shutdown pushed more people to the coin.. The BTC/USD pair rose 117,550, up by almost 10% from the lowest level in September.The BTC/USD pair jumped for several reasons. First, Bitcoin joined gold, which has been in a strong bull run this year ... (full story)
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