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 once again bounces off the key $75,000 level, signaling strong support as traders await clarity on global risk sentiment and tariff developments.
Bitcoin bounced from the $75,000 level on Monday, showing signs of stabilization as traders cautiously assess risk amid ongoing market volatility.
Bitcoin remains range-bound between $75,000 and $90,000 as risk sentiment fades, with price searching for a floor and volume thinning.
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Bitcoin rebounds ahead of Trump’s tariff news, but traders eye the $90,000 level as a key breakout point to reignite bullish momentum and FOMO-driven buying.
Bitcoin remains volatile as risk sentiment and ETF-driven uncertainty weigh on price action, with strong support at $75K and resistance near $86K and $93K.
Bitcoin fell sharply on Friday, breaking below the 200-day EMA as risk-off sentiment dominates and traders eye $75K support and $90K resistance.
Bitcoin continues to consolidate between the 50-day and 200-day EMAs, with $90,000 acting as major resistance and $75,000 likely forming the market’s floor.
Bitcoin remains stuck in a choppy range as traders weigh Fed policy, risk sentiment, and key technical levels like $75K and $90K.
Bitcoin declined on Thursday, falling below the 200-day EMA, a key technical level closely watched by traders.
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Bitcoin continues to slide, facing key support near $76,000, as risk aversion and the Federal Reserve’s upcoming rate decision weigh on sentiment.
Bitcoin consolidates between $75K and $90K, testing the 200-day EMA as traders gauge risk appetite and potential breakout direction.
Bitcoin continues to face resistance near $84K, as tighter Fed policies and institutional influence limit its upside momentum.
Bitcoin’s bullish momentum strengthens as analysts project a potential rally to $126K by June, supported by historical trends and technical patterns.
During the trading session on Thursday, we have seen more negativity in the Bitcoin market, one that simply doesn’t look like you can get out of its own way.
Bitcoin experienced sharp volatility, briefly surging past $85K before pulling back as traders reassessed inflation concerns and Federal Reserve policy expectations.