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Bitcoin traded around $92,493 after encountering strong resistance around $94,800. It is likely that Bitcoin will continue its downtrend in the coming hours and could reach the 200 EMA around $90,146.
If Bitcoin recovers above $92,500 in the coming hours, we could expect it to reach $95,000 and could even reach the top of the uptrend channel around $96,375.
A decisive break above $96,000 could be the start of a new bullish cycle, and Bitcoin could reach the psychological level of $100,000.
The Eagle indicator has reached overbought levels and is giving a negative signal, so we must be very careful when buying Bitcoin, as a strong technical correction could occur in most cryptocurrencies.
A good point to open long positions is to wait for Bitcoin to reach $90,000, a psychological level that also coincides with the 200 EMA, which could be seen as an opportunity to enter long positions with a target at $100,000.
*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।