Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Bitcoin is trading around $68,247 above the 21SMA and consolidating after a technical correction towards $66,000.
On the H4 chart, we can see that Bitcoin could continue its rise in the coming hours and could reach the 200 EMA around $71,000. Once this zone is exceeded, Bitcoin could reach $75,000.
On the contrary, if Bitcoin falls below $66,000, we can expect a downward movement towards the 2/8 Murray support, which in turn coincides with the lower band of the downtrend channel.
Given that the Eagle indicator is reaching overbought levels, it is likely that Bitcoin will undergo a technical correction towards $65,000 and even towards the psychological level of $60,000 in the coming days.
The outlook for Bitcoin could be bullish if it consolidates above the 200 EMA. In this case, it could reach the 4/8 Murray target of around $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।