Bitcoin has been quite impulsive with the bearish counter momentum today which did engulf a series of previous bullish momentum but currently it is held by the dynamic level of 20 EMA and Kumo Cloud support. Ahead of the high impact USD economic reports this week, certain volatility is expected. As of the current scenario, the dynamic level 20 EMA has managed to hold the price as support, whereas the Kijun Line is also expected to provide a strong support above $6,500 area. Therefore, the bullish bias is expected to continue further with target towards $8000-8500 area in the coming days.
SUPPORT: 6000, 6500
RESISTANCE: 7500, 8000, 10000
*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.