BTC/USD Forex Signal: Rebound to 25,000 Still Possible

Enter your emailThe outlook for BTC is bullish, with the next key level to watch being at 25,000.Timeline: 1-2 days.BTC/USD priceThe pair was trading at 23,865, which was lower than this week’s high of 25,205. This price is about 28% above the lowest level this year.Bitcoin price has had a difficult time this week as demand for cryptocurrencies waned and as profitable investors started taking profits.

American stocks also wavered even after the relatively strong earnings by Walmart and Home Depot. The Dow Jones and the tech-heavy Nasdaq 100 indices were relatively unchanged in the overnight session.

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