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!
BBitcoin reached the $63,000 mark in the past few trading sessions threatening to break above $65,000. It remains possible for bulls to continue pushing the price higher from here, but traders are advised to take maximum profits in long positions initiated earlier and reduce risks. The crypto remains vulnerable for a corrective drop towards $48,500 before resuming its rally.
Bitcoin is not to sell on rallies but to buy on dips. As seen here, the recent rally took out a formidable resistance around $59,500. Ideally a pullback should be due anytime soon, dragging prices lower towards the $48,500-50,000 zone before finding support. Traders might take profits and wait for a corrective drop to open long positions again.
Bitcoin's overall structure remains bullish until it hits the $40, 000 support. The crypto also carved a new channel support and is drifting higher within the channel. The next support is also seen near $48,500, which could be good to open long positions. The crypto will turn bearish if it breaks the channel and subsequently the level of $40,000.
Good luck!
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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