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 $66,581, rebounding after reaching a low of around $65,000, a level that coincided with the 61.8% Fibonacci retracement.
If Bitcoin continues to rise in the coming hours, it is expected to encounter strong resistance around the 21 SMA located at $67,811. This level could be a barrier, and Bitcoin could resume its bearish cycle.
Given that Bitcoin retreated to the 61.8% Fibonacci level, according to this indicator, Bitcoin is expected to reach the 4/8 Murray around $75,000.
If, in the coming hours, Bitcoin decisively breaks the downtrend line and consolidates above $68,000, the outlook could be positive, and we could expect it to reach the psychological level of $70,000 and finally $75,000.
If the bearish force prevails, Bitcoin is expected to reach the 2/8 Murray around $62,500. Another downward target could be the February 5 low of around $60,000.
The Eagle indicator is showing a positive signal for Bitcoin, so we will look for opportunities to buy in the coming hours only if Bitcoin consolidates above the 61.8% Fibonacci retracement.
*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।
