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 $69,901, pulling back after encountering strong resistance near the top of the downtrend channel that has been forming since March 16.
Bitcoin consolidated for a few hours above the 200 EMA while trading above $71,000; however, it encountered strong resistance at the downtrend channel, which we believe could force it to continue falling in the coming days until it reaches $66,000.
If, in the coming hours, BTC/USD consolidates below the 21 SMA and below the 200 EMA, and in turn breaks and consolidates below the 3/8 Murray line, this could be seen as a negative signal, and we could expect Bitcoin to reach $65,000 and potentially even the psychological level of $60,000.
A decisive break above the downtrend channel and consolidation above $71,500 could signal a trend reversal, and we could expect Bitcoin to return to the 4/8 Murray levels around $75,000.
The Eagle indicator has reached oversold levels, so it could be a good point to open long positions if the price rebounds above the 3/8 Murray level around $68,750.
*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।
