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 peaked at 58,354 in late February. After the downward correction to 43,02, it may resume the underlying uptrend above the former high of 58,354 for a continuation higher towards 63,085 as the next extension target.
Support is now seen at 44,918/43,021 and key support is seen at 42,000. As long as minor resistance at 48,476 is able to cap the upside, we could see renewed downside pressure closer to the key-support at 42,000, but it isnot a necessity.
Trading recommendation:
Buy Bitcoin as close to 42,000 as possible or buy a break above 48,476
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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