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After reaching the $65,000 range, Bitcoin is rebounding and is now consolidating above the 21-day SMA. BTC could likely continue to rise in the coming days and reach the 3/8 Murray level around $68,750. It could even reach the 200-day EMA around the psychological level of $70,000.
If, in the coming hours, Bitcoin falls toward $66,737 and consolidates above this zone, it could be seen as a signal to open long positions, with targets around $70,000 in the coming days.
If bullish momentum prevails, and Bitcoin consolidates above the 200 EMA and decisively breaks above the downtrend channel formed since March 15, this could be seen as a signal to buy, with targets at the 4/8 Murray level around $75,000.
If the price faces strong resistance around $70,000, we could look for opportunities to sell, with targets at the 2/8 Murray level around $62,500.
The indicator here is showing a positive signal for Bitcoin, so a pullback toward $66,700 or $65,000 could offer a buying opportunity 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।
