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Bitcoin dropped as much as 29,868 yesterday where it has found support again. Now, it is trading in the green at 30,403 at the time of writing. The bias is bullish in the short term despite temporary drops. The rate could test and retest the immediate support levels before jumping higher.
In the last 24 hours, BTC/USD is up by 0.59% and by 0.86% in the last 7 days. Bitcoin's upside continuation should help the altcoins to jump higher as well.
Technically, BTC/USD escaped from the minor flag pattern signaling an upside continuation. As long as it stays above the uptrend line, the rate should approach and reach new highs.
It has found support on the former low of 29,993 and now is almost to hit the 30,490 immediate high which represents a static resistance.
Jumping and closing above 30,490 activates further growth and is seen as a buying opportunity.
*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।
