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 $70,813, undergoing a technical correction after reaching the upper band of the downtrend channel that has been forming since March 15.
Bitcoin attempted to break above the downtrend channel but failed, and we are now seeing a technical correction. Hence, the price is likely to continue falling over the next few days until it reaches $68,750.
If Bitcoin consolidates below the 200 EMA and below $71,000 in the coming hours, this could be seen as a sell signal, with targets at $69,814, $68,750, and finally at the bottom of the downtrend channel around $65,000.
The outlook for Bitcoin remains negative, so we will look for opportunities to sell below $72,000, with targets at the psychological level of $70,000 and the strong support at $68,750.
Above $72,000, the outlook could change, and BTC is expected to reach the 4/8 Murray level around $75,000; it could even break through this zone and reach its high of $76,500.
The Eagle indicator is showing a negative signal. Therefore, as long as the price trades within the downtrend channel, any technical rebound will be viewed as a signal to sell in the coming days.
*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।
