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Early in the American session, Bitcoin is trading around 97,141 showing recovery after having hit the low of 90,685. Bitcoin is located above the 21 SMA and above 7/8 Murray which makes the outlook positive.
If BTC consolidates above 95,000 in the next few days, it could reach the psychological level of $100,000 and could even reach +1/8Murray around 106,250.
If Bitcoin falls below the key level of $95,000, it is expected to reach the low of $90,000 and could even reach the Murray 6/8 around 87,500.
Bitcoin has found good support around 85,744 (200 EMA) which could be a key level and seen as an opportunity to buy, since technically up to this level, it could mean a correction of more than 14%.
The medium-term outlook for Bitcoin remains bullish. Investors will try to continue buying this cryptocurrency with the aim of reaching $100,000 and even breaking through this barrier.
Our key level is to buy above 95,000 with targets at $100,000 and $106,250.
*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।
