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 is trading around $68,247 above the 21SMA and consolidating after a technical correction towards $66,000.
On the H4 chart, we can see that Bitcoin could continue its rise in the coming hours and could reach the 200 EMA around $71,000. Once this zone is exceeded, Bitcoin could reach $75,000.
On the contrary, if Bitcoin falls below $66,000, we can expect a downward movement towards the 2/8 Murray support, which in turn coincides with the lower band of the downtrend channel.
Given that the Eagle indicator is reaching overbought levels, it is likely that Bitcoin will undergo a technical correction towards $65,000 and even towards the psychological level of $60,000 in the coming days.
The outlook for Bitcoin could be bullish if it consolidates above the 200 EMA. In this case, it could reach the 4/8 Murray target of around $75,000.
*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.
Uz InstaSpot-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaSpot-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.
