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 managed to hold prices above its recent swing low Around $37,700 mark. The crypto is seen to be trading close to $39,500 level and is expected to continue higher through $50,000-55,000 range going forward. Bulls are looking poised to remain in control as long as $34,000 low is intact. Potential remains for a continued rally soon.
Bitcoin has been in a counter-trend since $33,000 mark and has completed two waves around $48,000 and $37,700 levels respectively. If the above structure holds well, bulls will be poised to resume its third wave higher towards $50,000 mark at least. Please note that parallel channel resistance is also seen through $50,000 mark.
Bitcoin has carved a meaningful downswing between $69,000 and $33,000 respectively. The crypto is retracing the above drop since then and is expected to reach $50,000-55,000 range before terminating its rally. Bears will be poised to resume lower thereafter as it is the Fibonacci 0.618 retracement of the above drop, and drag prices below $33,000 going forward.
Potential rally to $50,000-55,000 zone against $33,000.
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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