Technical analysis Bitcoin
Since the price weakness at the end of February, bitcoin (BTC/USD) has stabilized. The level around 45,300 USD is of particular importance here. Because this now serves as a short-term support. The attack on the round level of 50,000 USD is currently taking place in this context. An assumed establishment above this round mark allows the still outstanding impulse to the next target level of 60,000 or specifically 60,410 USD. In this area, new highs, a renewed consolidation is to be planned before the general trend momentum is likely to head for further targets on the upside.
If there are signs of further setbacks, the support at 45,300 USD should be given the greatest attention. A renewed stabilization is possible in the context of a springboard. However, already a daily close below this level could initiate further losses to 39,100 USD or even 30,500 USD.
Notice:
Despite careful analysis, Global Investa does not guarantee the content, timeliness, accuracy or completeness of the information provided. In particular, the information provided does not constitute investment advice, a recommendation to buy or investment brokerage and can in no way replace investor and investment advice from a professional investment advisor who takes into account the individual economic circumstances and the level of experience of the customer.
Since the price weakness at the end of February, bitcoin (BTC/USD) has stabilized. The level around 45,300 USD is of particular importance here. Because this now serves as a short-term support. The attack on the round level of 50,000 USD is currently taking place in this context. An assumed establishment above this round mark allows the still outstanding impulse to the next target level of 60,000 or specifically 60,410 USD. In this area, new highs, a renewed consolidation is to be planned before the general trend momentum is likely to head for further targets on the upside.
If there are signs of further setbacks, the support at 45,300 USD should be given the greatest attention. A renewed stabilization is possible in the context of a springboard. However, already a daily close below this level could initiate further losses to 39,100 USD or even 30,500 USD.
Notice:
Despite careful analysis, Global Investa does not guarantee the content, timeliness, accuracy or completeness of the information provided. In particular, the information provided does not constitute investment advice, a recommendation to buy or investment brokerage and can in no way replace investor and investment advice from a professional investment advisor who takes into account the individual economic circumstances and the level of experience of the customer.
