Bitcoin pulls back from strong resistance at $112K amid low liquidity, but holds above $100K, keeping the long-term bullish trend intact.
Technical Analysis
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.
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Bitcoin continues to attract dip buyers ahead of the U.S. jobs report, with a breakout above $112K likely triggering a run toward the $120K resistance zone.
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Bitcoin continues to consolidate between $100K and $110K as traders await a risk-on catalyst, with technicals pointing to solid support near $100K.
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Bitcoin continues to consolidate within a bullish range, with short-term pullbacks offering buying opportunities ahead of a potential breakout toward $120,000.
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Bitcoin remains range-bound around $107,000, with traders watching for a breakout above $112,000 to confirm bullish momentum toward $120,000.
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Bitcoin continues to consolidate within a $100K–$112K range, with bullish sentiment favoring a breakout toward $120K while short-term dips attract buyers.
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Bitcoin rebounded on Wednesday, staying within its consolidation range, with traders eyeing a breakout above $112,000 to signal a continuation to $120,000.
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After dipping below $100,000, Bitcoin rebounds on Monday trading, signaling strong bullish support. Geopolitical risks linger, but BTC remains resilient.
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BTC/USD trades in a consolidation zone with $100K acting as strong support. Explore technical levels, EMA influence, and the breakout potential heading into next week.
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BTC/USD slips as global uncertainty mounts. The 50-Day EMA and $100K emerge as vital support zones. Traders assess the impact of institutional flows and geopolitical risks.
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Bitcoin remains stable near $105K as traders await the FOMC announcement. Find out why analysts expect further upside and what key levels to watch in the BTC/USD chart.
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Bitcoin climbs Monday after testing key support at $105,000. With bullish momentum building, traders eye $112,000 for a breakout and continuation higher.
Technical Analysis
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It was another volatile yet positive week for the crypto market amid improvements in US-China trade talks and bullish equity forecasts, which boosted sentiment on Wall Street and encouraged investors to reengage with risk assets.
Technical Analysis
Bitcoin continues to attract buyers near $110K, with strong support around $100K and momentum building for a breakout above $112K toward $120K in the long term.
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Bitcoin rebounded from $100,000 and the 50-day EMA, suggesting strong support as bulls look to break above $112K and continue the broader uptrend.
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