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Bitcoin is trading around $83,080, showing a slight recovery following the sharp downtrend that began over the weekend, dropping from $85,100 to a low of $82,600.
Bitcoin could rebound in the coming days and test the $83,984 zone, where the 21-day SMA is located. BTC could even reach the 7/8 Murray level around $84,375. If the upward momentum persists, we could expect Bitcoin to return to the $87,500 level.
The Eagle indicator is showing a negative signal, so we will look to sell Bitcoin in the coming days. However, we must be cautious as the H1 chart shows oversold conditions, so we will wait for the pair to reach resistance levels before resuming our bearish cycle.
In the coming days, we expect Bitcoin to reach the 6/8 Murray support levels around $81,250, and ultimately, we could see a strong consolidation around $79,458.
*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।
