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 around $75,675, rebounding for the third time above this zone after reaching a low of $73,000 during Tuesday's US session.
Bitcoin is expected to recover some of its losses in the coming days and could reach the upper band of the downtrend channel formed since early January around $85,000.
If Bitcoin consolidates below the 4/8 Murray at $75,000 in the coming hours, it is expected to continue its bearish cycle and could reach the 3/8 Murray around $68,750.
We can see in the H4 chart the formation of a wedge pattern. It means that if the price breaks above the upper band of this pattern, a strong upward movement could occur, which could cause Bitcoin to reach the price of $85,000. BTC could even reach the 6/8 Murray around $87,500.
The H4 chart shows that Bitcoin is oversold and is likely to continue rising in the coming days, but only if the price consolidates above $75,000.
*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।
