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 $76,795, undergoing a technical correction after attempting to break through the 5/8 Murray line around $78,125.
If Bitcoin remains under downward pressure and consolidates below the 200 EMA around $77,455, we could expect it to continue falling until it reaches the 21 SMA at $76,600 and could eventually reach the 4/ 8 around $75,000. BTC could even fall rapidly to reach the lower band of the downtrend channel formed since early May around $73,700.
Conversely, a decisive break above the downtrend channel formed since May 14 and a consolidation above the 5/8 Murray line could be favorable for Bitcoin, and we could look to buy with targets at the upper band of the downtrend channel around the psychological level of $80,000.
Given that Bitcoin is under downward pressure, a pullback toward $78,000 or $77,500 could be considered an opportunity to open short positions over the next two days with targets around $75,000 and even down to $73,000.
The Eagle indicator is giving a positive signal, but is showing signs of exhaustion. We believe that if Bitcoin reaches the $75,000 or $73,000 zone, it could be considered an opportunity to open long positions with targets toward $78,000 and $80,000.
*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।
