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 in wave 3 with the test of 64,895 and the ongoing correction is wave 4, which ideally will complete near the 61.8% corrective target seen at 27,169 just to be followed by a new strong impulsive rally in wave 3 towards 91,780 as the ideal target for wave 5 of III. It's possible that wave 5 of III becomes an extension and in this case we will be looking for a rally towards 129,919.
However for now we should stay focused on wave 4 of III that still has a bit more downside to cover before it's complete and wave 5 is ready to take over.
Trading recommendation:
Buy Bitcoin close to 27,169 for the next strong rally towards 91,780 and maybe even higher.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.