empty
 
 
pk
سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

01.06.202618:42 Forex Analysis & Reviews: Trading Signals for BTC/USD on June 1-3, 2026: buy above $70,800 (rebound - 3/8 Murray)

Relevance up to 12:00 2026-06-15 UTC--4

Exchange Rates 01.06.2026 analysis

Bitcoin is trading around $70,377, having broken through the 3/8 Murray line and nearly reaching the lower band of the downtrend channel formed since May 7.

Bitcoin is likely to find strong support around $70,800. This level coincides with the lower band of the downtrend channel, and we could expect a technical bounce around this area, which could be seen as an opportunity to open long positions.

In the event of a pullback toward the 21 SMA at $73,417, this zone could be considered a good point to sell, with short-term targets around the 2/8 Murray line at $68,750.

If Bitcoin consolidates above the 3/8 Murray line in the coming hours, this could be considered an opportunity to buy above this zone, with targets at the upper band of the uptrend channel around $75,000.

The Eagle indicator is reaching oversold levels, so we could expect consolidation zones around $70,800 or around the psychological level of $70,000 as a point for a technical rebound, which could be seen as a signal to buy BTC.

The outlook remains bearish for Bitcoin. Should it reach the resistance zone at $73,500 or the 4/8 Murray level around $75,000, this could be seen as a signal to resume selling, with targets at the 2/8 Murray level around $68,750.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

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.

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.