06.06.201908:19 Forex Analysis & Reviews: Bitcoin. Bitcoin exchange rate has stabilized after the fall, but this is not the end

Despite the fact that the bitcoin exchange rate has stabilized after a downward correction, most analysts expect its further downward correction. A number of indicators also confirm the preservation of short-term bearish momentum in the market. However, a larger decline will attract new investors who were waiting for the correction after the first growth of 4000, which will have a positive impact on a further upward trend.

Signal to buy Bitcoin (BTC):

From a technical point of view, nothing has changed. Buyers need a return to the resistance of 8000, which will build a new wave of growth with the update of the maximum of 8460. In case of further decline, the demand for bitcoin may return to the support area of 7554, but it is best to open long positions immediately on the rebound from the minimum of 7 260.

Signal to sell Bitcoin (BTC):

Bears need to keep bitcoin below the resistance of 8000, which will increase the pressure on the cryptocurrency and allow to re-update the support of 7554, which will lead to its breakdown and reduce bitcoin to the minimum area of 7260, where I recommend fixing the profit. In a growth scenario above 8000 USD, you can sell bitcoin on a rebound from a maximum of 8220.

Exchange Rates 06.06.2019 analysis

*Analisis pasar yang diposting disini dimaksudkan untuk meningkatkan pengetahuan Anda namun tidak untuk memberi instruksi trading.

Miroslaw Bawulski,
Pakar analisis InstaForex
© 2007-2022
Manfaat dari rekomendasi para analis saat ini
Akun trading teratas
Buka akun trading

Tinjauan analitis InstaForex akan membuat Anda menyadari sepenuhnya tren pasar! Sebagai klien InstaForex, Anda dilengkapi dengan sejumlah besar layanan gratis untuk trading yang efisien.

Dapatkan perubahan tingkat kriptokurensi dengan InstaForex
Download MetaTrader 4 dan buka trading pertama Anda

  • Trade Wise, Win Devise
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
  • Ferrari from InstaForex
    Top up akun anda dengan dana minimal $1.000
    gabung kontes dan menangkan Ferrari
    F8 Tributo
  • Chancy Deposit
    Deposit akun anda dengan $3.000 dan menangkan $1.000
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.