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BTC is trading below the psychological level of $80,000, and we believe it could continue to fall in the coming days until it reaches the lower band of the downtrend channel, located around $76,500. If bearish momentum prevails, the cryptocurrency could reach around $75,000.
Given that during the Asian trading session, BTC attempted to break above $80,300 but encountered strong resistance, this could now signal a continuation of the downtrend.
If BTC consolidates above $79,883 in the coming hours, we could expect it to reach $81,250; this zone represents the 6/8 Murray level, which could act as a strong barrier.
Provided that BTC gets stuck under downward pressure below $81,250, the outlook remains negative, and we reckon that the price could reach $75,000 in the coming days and even the psychological level of $70,000.
*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।
