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 has chosen not to decline further toward key support levels. Instead, in response to the broader risk sentiment, it reversed from the lower boundary of the ascending price channel on February 18 and has been on an upward trajectory for the third consecutive day.
The Marlin oscillator supports this upward movement and is attempting to enter positive territory. The initial target for this uptrend is the MACD line around 101,954. If this level is broken, the target range expands to between 104,617 and 105,417, with the lower boundary defined by the high on December 5, 2024. A breakout above this range could push Bitcoin towards the peak of 109,986 reached on January 20 (indicated by a checkmark), as well as the line of the embedded price channel (illustrated by a gray rectangle). A slight overshoot beyond this peak could cause a divergence on the daily chart, potentially setting the stage for a medium-term decline in Bitcoin's price.
On the four-hour chart, the price is consistently rising above the indicator lines, and the Marlin oscillator is also climbing, though there is still considerable room before reaching overbought conditions. Overall, the trend remains bullish, which is the primary scenario for now.
*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।
