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The price of Bitcoin rallied in the last trading session reaching the 38,421 level. Now, it has retreated a little and is located at 38,130 at the time of writing. The bias is bullish despite temporary retreats. The current rally helped the altcoins to jump higher as well.
The cryptocurrency is up by 3.13% in the last 24 hours and by 4.73% in the last 7 days. An upside continuation helps the crypto market to grow.
Technically, Bitcoin failed to stabilize below 36,892, invalidating a deeper drop. The flag pattern was activated, signaling further growth.
Now, it has jumped above the 38,028 key upside obstacle. Yesterday's high of 38,421 stands as the new upside obstacle.
A bullish closure above 38,421 activates further growth. This 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।
