Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Violet lines- Fibonacci retracements
Bitcoin was under pressure for most of the week as price broke below $21,000 and reached as low as $19,570 earlier today. Price has so far retraced more than 50% of the rise from $15,477. Bitcoin is now bouncing mostly because of Dollar weakness after the announcement of the non-Farm Payrolls in the US. The RSI has reached similar oversold levels as the low back in November when it was trading around $19,570. Short-term trend remains bearish. There is potential for more downside towards the 61.8% retracement, however traders need to be cautious as price might be oversold for the near term.
*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.