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 $65,188. After hitting 63,900 over the weekend, it rebounded to reach $65,523.
Bitcoin reached the 61.8% Fibonacci retracement level drawn from the high of $66,918 to the low of $63,644. Therefore, if the price remains below $65,700 in the coming days, the outlook could remain bearish, and we could expect it to reach the 200 EMA around $64,282.
With a decisive break below the downtrend channel, Bitcoin could continue its fall to $62,500. If it breaks below this level, we expect it to reach the psychological level of $60,000.
Looking at the H4 chart, we can see that Bitcoin is consolidating above the 21 SMA and above the 200 SMA, suggesting that a technical bounce around this zone could give us the opportunity to resume the uptrend and buy with targets at the upper band of the uptrend channel around $67,860.
*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.
