Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Bitcoin is exhibiting remarkable momentum. During today's Asian session, it came close to reaching the $90,000 level despite trading below $65,000 just a week ago.
Donald Trump's victory and the Federal Reserve's interest rate cuts hold more significance for the cryptocurrency market than even the most optimistic forecasts predicted. Many analysts had set $100,000 as a target for spring next year, but at this rate, we could see $100K by the end of this week.
Bitcoin's seven-day rally now exceeds 32%. This volatility caused $700 million in liquidated short positions on futures markets, the highest losses since April when BTC briefly surpassed its previous peak of $73,000.
Futures on other assets, including Solana (SOL) and Aptos (APT), saw over $25 million in liquidations, reflecting a rapid return to riskier positions.
As previously noted, this surge is directly linked to Trump's victory. Many experts estimate that the Republican win could push the cryptocurrency market's total capitalization to $10 trillion by the end of 2026, up from the current $3 trillion. However, short-term price corrections are likely, mainly after BTC surpasses the $90,000 level.
For intraday trading, I will continue targeting major pullbacks in Bitcoin and Ethereum, betting on the continuation of the bullish trend in the medium term. Details for short-term trading are outlined below.
Today, I plan to buy Bitcoin at an entry point around $89,163, targeting a rise to $91,864. Near $91,864, I will exit long positions and immediately sell on the pullback. Note: Before buying on a breakout, ensure the Stochastic Indicator is near the lower boundary, around level 20.
Today, I plan to sell Bitcoin at an entry point of around $88,111, targeting a drop to $84,590. Near $84,590, I will exit short positions and immediately buy on the pullback. Note: Before selling on a breakout, ensure the Stochastic Indicator is near the upper boundary, around level 80.
Today, I plan to buy Ethereum at an entry point around $3,358, targeting a rise to $3,481. Near $3,481, I will exit long positions and immediately sell on the pullback. Note: Before buying on a breakout, ensure the Stochastic Indicator is near the lower boundary, around level 20.
Today, I plan to sell Ethereum at an entry point of around $3,309, targeting a drop to $3,168. Near $3,168, I will exit short positions and immediately buy on the pullback. Note: Before selling on a breakout, ensure the Stochastic Indicator is near the upper boundary, around level 80.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
