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!
Bitcoin reached $89,150 after a sharp technical correction following the break of the important support level of $93,750. Bitcoin is recovering some of its losses and is now trading around $91,344. It is likely to continue rising in the coming hours until the price reaches the top of the downtrend channel around $95,600.
If Bitcoin makes a new technical correction, we could expect it to reach support at $89,000 or even reach -2/8 Murray around $87,500.
The outlook remains negative for Bitcoin. Therefore, after a slight recovery, BTC is likely to resume its bearish cycle and could reach $87,500 or even $80,000 in the medium term.
On the contrary, a sharp break above $96,000 could enable a rebound to $100,000.
*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.
