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Bitcoin grows again after failing to validate a larger correction. The price is trading at $58,055 at the time of writing, right below $58,367 static resistance.
BTC/USD is bullish and the price could approach and reach the $61,788 all-time high in the coming days. The price action signaled that the short-term decline is over and that the major crypto could resume its major uptrend.
BTC/USD failed to stabilize under the uptrend line. It has found support on the 50% Fibonacci line of the descending pitchfork and now it has escaped from the descending pitchfork's body.
It has decreased between the upper median line (uml) and the 50% Fibonacci line. The breakout from this minor channel was validated by the upper median line (uml) and the Pivot Point ($54,841) retest.
A bullish closure above $58,400 yesterday's high is seen as a bullish signal. The $61,788 historical high is seen as an immediate target. Jumping and stabilizing above it could indicate further growth.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।