The value of the Bitcoin (Symbol: XBT or BTC) fluctuates constantly and Bitcoin technical analysis is required in order to know when to buy and sell this currency. Several online currency exchanges are available where one can exchange dollars and other currencies for Bitcoins. .
The traders at DailyForex monitor the Bitcoin markets on an ongoing basis and provide you with Bitcoin forecasts (Mostly XBT/USD) that show you how to profit from this unique currency. Watch the gyrations of the Bitcoin based on Bitcoin technical analysis, global availability and government regulation in the Bitcoin market analysis below.
Most Recent
Bitcoin retreats from record levels as stronger US inflation data tempers Fed rate cut expectations, highlighting its growing correlation with Wall Street sentiment.
Bitcoin continues to face strong resistance at $120K, with a breakout eyeing $130K and key support at the 50-day EMA and $110K.
Bitcoin tests the critical $120,000 level, with a confirmed breakout potentially opening the path to $130,000 while $114,000 holds as key support.
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Bitcoin continues to attract dip buyers, with the $120K level acting as a key resistance barrier, while the $110K zone offers crucial technical support.
Bitcoin declined sharply following disappointing US jobs data, but strong support levels and potential Fed rate cuts could reignite bullish momentum.
Bitcoin is trading in a tight consolidation near $120,000, forming a bullish flag with potential for a breakout toward $130,000 if momentum returns.
Bitcoin consolidates just under $120K as traders await the Fed’s interest rate guidance, with bulls targeting a move to $130K.
Bitcoin continues to consolidate below the $120K resistance, with low summer volume from Wall Street ETF traders keeping momentum muted.
Bitcoin dipped below $120,000 on Friday but remains within a bullish flag formation, suggesting a potential breakout toward $130,000 if momentum returns.
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Bitcoin remains firmly bullish, consolidating just under the $120,000 resistance with technical patterns suggesting a breakout toward $130,000 is likely.
Bitcoin’s price consolidated in a range between $116,000 and $121,000 over the past week after hitting a record high above $123,000 on July 14, while altcoin Solana is really starting to heat up.
Bitcoin continues to test the $120,000 resistance in a bullish flag pattern, with a breakout potentially propelling BTC toward $130,000 amid strong institutional support.
Bitcoin continues to struggle with resistance at $120,000, forming multiple shooting stars, but remains bullish with support at $110,000 and upside potential to $130,000.
Bitcoin remains range-bound below the $120,000 resistance as traders await a breakout, with strong support seen at $115K and $110K.
Bitcoin pulled back sharply on Tuesday after breaching $120,000, with traders eyeing support at $115K–$110K as potential dip-buying zones in a bullish trend.