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!
Last year, the bulls clearly had the upper hand, achieving significant advantages and accomplishments. In 2024, they reached a new all-time high of $108,362.36, surpassing the previous peak of $68,959.73 set in 2021. This new high was achieved in December 2024, after which Bitcoin entered a phase of corrective consolidation, trying to explore previously uncharted historical territory.
Currently, the primary target for buyers is the $108,362.36 level, with psychological milestones such as $110,000.00 also becoming a focal point. On the other hand, sellers are concentrating on support levels from various timeframes, which are converging around $100,018.60, $99,375.98, $98,684.90, $97,396.23, and $95,416.47. These levels include the upper boundary of the daily Ichimoku cloud, the weekly short-term trend, and the daily Ichimoku cross.
On lower timeframes, buyers currently have the primary advantage. In the most recent upward movement, bulls successfully broke through the H4 Ichimoku cloud at 104,877.13. Although the initial attempt to surpass this level was unsuccessful, Bitcoin entered a corrective decline. Today, bulls are making a second attempt to break above 104,877.13 and continue their ascent.
Intraday bullish targets include R2 at 106,406.76 and R3 at 107,851.39. If there is a pullback, potential support levels based on classic Pivot Points are 103,687.66, 102,413.19, 100,968.56, and 99,694.09, with a long-term weekly trend at 100,752.35.
***
*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.
