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 $63,718 below the 200 EMA and rebounding after reaching the lower band of the uptrend channel, which also coincided with the 0/8 Murray zone, providing Bitcoin with a strong technical rebound. We believe it could continue to rise in the coming days.
A decisive break above the 200 EMA around $64,257 and consolidation above this zone could be seen as a positive signal for Bitcoin, and we could buy in the coming days with targets at the 1/8 Murray level around $65,625. Ultimately, we expect it to reach the July 19 high around $67,227 and eventually hit the upper band of the uptrend channel around $68,300.
Conversely, a break below the 0/8 Murray level and a break below the uptrend channel formed since early July could be viewed as a bearish scenario. In that case, we could expect Bitcoin to continue falling until it reaches the -1/8 Murray level around $59,375.
Our outlook for Bitcoin remains bullish for now, so a technical bounce around $62,500 or above this level will be seen as a signal to continue buying 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।
