Bitcoin Forecast

Bitcoin continues to trade sideways near $110,000, with traders watching for a breakout above $116K or a breakdown below $107K to signal the next trend.

Bitcoin rebounded near the 200-day EMA on Wednesday, forming a hammer and signaling potential short-term stability between $100K and $110K amid volatility.

Bitcoin experienced high volatility on Tuesday, bouncing between major moving averages near $110,000 as traders weigh risk appetite and ETF inflows.

Bitcoin (BTC) clawed its way back above the $110,000 mark on Monday, marking a pivotal moment in what many are calling the year’s defining bull run.

Bitcoin faces renewed selling pressure below $112,000, with technical signals turning bearish and a potential break of the 200-day EMA threatening further downside.

Bitcoin faces renewed selling pressure near $110,000, with support at $108,000 and the 200-day EMA in focus as traders await signs of stability.

Bitcoin went back and forth during the trading session on Monday, as we continue to see a lot of questions asked of crypto at the moment, especially as the Friday session was so horrific. At this point, the market is likely to continue to look at the 50 Day EMA with suspicion, and if we continue to struggle in that area, I think it makes a certain amount of sense that we hang out in this area.

Bitcoin initially attempted to rally during the session on Friday but gave back gains rather quickly in order to show signs of negativity. We have plunged below the $120,000 level, which of course is a large, round, psychologically significant figure, and of course where we had bounce from during the previous session. Now that we have broken down below that candlestick, it does show a lot of negativity, and you have to look at it through the prism of a market that is panicking due to the idea of the United States and China increasing sense. After all, that puts quite a bit of pressure on risk appetite in general, and I think we will continue to see that be the case.

Bitcoin faced a sharp pullback on Thursday, testing key support at $120,000 as US dollar strength pressured risk sentiment across crypto markets.

Daily Forex, this is Chris taking a look at Bitcoin. Bitcoin has rallied a bit during the early hours here on Wednesday as we continue to see a lot of volatility in this market. Ultimately, this is a market that I think continues to see a lot of buy on the dip behavior. And I will be the first to admit that the market is likely to continue to see plenty of people willing to get involved.

The Bitcoin market was rather ugly during the trading session on Tuesday as the $125,000 level has offered massive resistance. Ultimately, this is a market that I think, given enough time, we probably find buyers looking for some type of value. And it's possible that we could go looking to the $120,000 level. The $120,000 level is a large, round, psychologically significant figure that probably has a bit of market memory. If we break down below there, then the $117,500 level could come into the picture to offer support as well.

Bitcoin rallied again during the trading session on Monday, as we are now well above the $125,000 level. The $125,000 level is a large, round, psychologically significant figure that caused a bit of a headache over the weekend, but ultimately, I think we’ve got a situation where Bitcoin continues to go higher. If we pull back from here, the $120,000 level is a potential support level, followed by the $117,000 level, as it has been important multiple times.

Bitcoin (BTC) has shattered its previous all-time high, surging to a record $125,725 on Sunday amid renewed institutional inflows and seasonal tailwinds.

Bitcoin initially fell on Friday, only to turn around and show signs of life again. We are hanging on to the $120,000 level, which of course is a large, round, psychologically significant figure, and an area that a lot of people will be paying close attention to. This is an area that has been important multiple times in the past, and it’s likely that we will continue to see this market offer a lot of bullish pressure on dips, extending all the way down to the $117,000 level, an area that was short term resistance.

Bitcoin extends gains toward $124K. While volume is lighter, buyers eye new highs. Pullbacks near $117K remain attractive entry points for bulls.