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Black line- horizontal resistance
Blue line- horizontal support
Bitcoin is trading once again above $30,000 price level. Short-term trend is bullish after the bounce off the blue horizontal support line at $24,750. Bitcoin bulls are now challenging the black horizontal resistance line around $32,100. Bitcoin price has made no real progress over the last 7 moths. Price has been trading inside this trading range of $32,000-$24,700. The support has been tested two times and both times bulls managed to defend it. The resistance around $32,000 was also tested two times and bulls failed both times to break above it. This is the 3rd time to test this resistance. It will be an important bullish sign if there is a break out.
*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।
