The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Bitcoin is trading in the red at 26,016 at the time of writing. The downside pressure remains high, so more declines are natural. After the last sell-off, temporary rebounds are natural. Still, the bias remains bearish, so more declines are natural.
In the last 24 hours, BTC/USD is down by 1.75% and by 2.14% in the last 7 days. Bitcoin's deeper drop should force the altcoins to drop as well.
From the technical point of view, the price failed to stabilize above the descending pitchfork's median line (ML) signaling strong downside pressure.
In the short term, it's trapped between 26,813 and 25,601 levels. As you already know from my previous analyses, the bias remains bearish as long as it stays below the median line (ML).
Dropping and closing below 25,601 announces more declines. This is seen as a selling opportunity.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
