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 $63,156, rebounding after reaching the 2/8 Murray around $62,500. Bitcoin is likely to consolidate around this area in the coming days, as this level coincides with the lower band of the downtrend channel, which in turn acts as support.
If Bitcoin rebounds above this level in the coming hours, we could expect it to reach the 21SMA around $66,596 and could even reach the upper band of the downtrend channel around $68,750, a level that coincides with the 3/8 Murray.
A sharp break below the downtrend channel and a consolidation below 2/8 Murray could be seen as a clear signal to sell with a target at the 1/8 Murray around $56,250.
The outlook for Bitcoin remains negative as the Eagle indicator is showing bearish signals; hence, BTC is expected to reach the 1/8 Murray around $56,250 in the coming days. The instrument could even reach the psychological level of $50,000.
A recovery of Bitcoin above $68,750 may confirm a positive outlook and a return to the 4/8 Murray around $75,000.
As long as the price remains above $62,500, traders have an opportunity to buy with a target at $66,596.
*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।
