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 has already fallen below $73,000 today and shows no signs of stopping. Ethereum has also dropped below $2,000, preparing for further declines.
All of this is happening amid complex geopolitical conditions that remind the crypto market of its influence on pricing. News of the U.S. striking Iran and imposing sanctions against the body controlling the Strait of Hormuz, along with Israel's powerful attacks on Lebanon, has instantly pushed Bitcoin below $73,000.
Within an hour, the market liquidated nearly $500 million in long positions—one of the largest forced closures in recent months. Ethereum reacted similarly, exacerbating an already prolonged series of losses: eleven consecutive red days of outflows from ETFs were met with sharp price pressure. The market, already in a state of caution, received the trigger sellers needed to accelerate the downward movement.
The crash exposed Bitcoin's structural vulnerability, which we noted throughout this week. The asset, positioned as digital gold and a hedge against uncertainty, behaved like a risk instrument during a real geopolitical shock—falling alongside stock indices instead of against them. This is a direct consequence of its high correlation with the Nasdaq. The situation is likely to worsen further, as the chances of saving Bitcoin and its return, at least within a sideways channel, have been completely dashed by the new bear market.
Regarding the intraday strategy in the cryptocurrency market, the strategy and conditions are described below.
*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।
