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 $61,041, reaching the 61.8% Fibonacci retracement level. We could expect a technical bounce around this area, as Bitcoin has found strong support.
If Bitcoin consolidates above $61,000 in the next few hours, we could expect it to reach the 0/8 Murray level around $62,500 and even continue rising to the 1/8 Murray level around $65,625.
Conversely, a drop below $61,000 could make Bitcoin fall to the -1/8 Murray level around $59,375. We could even expect it to touch the lower band of the descending trend channel around $57,338.
The Eagle indicator is showing oversold levels; hence, technically, Bitcoin is expected to continue bouncing above the psychological level of $60,000 in the coming days. In an extreme scenario, it could reach -1/8 Murray around the June 5th low of $59,300.
If Bitcoin consolidates above $61,000, the outlook could be positive and would be viewed as a buy signal with targets at the upper band of the descending trend channel 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।
