Condiciones de negociación
Products
Herramientas
Bitcoin retreated from $20,500 in the early trading hours on Tuesday after printing interim highs at around $21,800 over the weekend. The crypto is seen to be trading close to $20,750 at this point in time and is expected to drag towards the $19,200-300 zone in the next few trading sessions. Bulls might remain poised to be back in control thereafter.
Bitcoin has carved a larger degree downswing between $69,000 and $17,500 levels in the past several months. The drop seems to have unfolded as a zigzag (5-3-5) structure, which should be ideally retraced through the $42,000-48,000 range in the next few trading sessions. If the suggested structure holds well, bulls will remain in control from here on.
Bitcoin has also carved a lower degree upswing between $17,500 and $21,800 as seen on the daily chart here. Prices are now retracing the above upswing. The token is expected to drop to $19,200 in the next few trading sessions. Traders might be preparing for a rally towards $33,000 in the near term against $17,500.
Potential rally towards $33,000 and higher against $17,500
Good luck!
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.