Bitcoin is currently caught between a couple of massive driving forces, as we are trying to sort out where risk appetite is going globally. This continues to be a noisy place to trade, but it is now offering a well-defined range.
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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Technical Analysis
Technical Analysis
The fact that we have stopped selling off in and of itself is a bit of a victory when you stop to think of all the things that are going on with risk appetite around the world.
Technical Analysis
Bitcoin is under pressure as global risk appetite weakens, with the cryptocurrency eyeing key support at $84,000 amid macroeconomic and geopolitical headwinds.
Technical Analysis
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Bitcoin continues to attract buyers on dips, holding firm near the 50-day EMA as broader market volatility fails to derail its long-term bullish outlook.
Technical Analysis
Bitcoin shows renewed strength as buyers defend $95K support, eyeing a breakout above the 200-day EMA and a potential rally toward $107,000.
Technical Analysis
Bitcoin surged above a key resistance level on Wednesday, setting the stage for a potential rally toward $107,000 as support strengthens on pullbacks.
Technical Analysis
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Bitcoin shows signs of accumulation and bullish momentum after reclaiming the 50-day EMA, with $95K emerging as the next major resistance target.
Technical Analysis
Bitcoin is consolidating near $90K with $95K as key resistance, as dovish Fed signals suggest a potential rally toward $107K may be underway.
Technical Analysis
Bitcoin continues to build a potential bottoming pattern, with buyers defending key support and eyeing a breakout above $96,000 to confirm trend reversal.
Technical Analysis
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Bitcoin remains volatile near the 50-day EMA, with $95,000 acting as a critical resistance level that could spark a breakout toward $107,000.
Technical Analysis
Bitcoin is stabilizing and building a potential bottom, with a daily close above $95,000 likely to attract buyers and signal a move toward higher levels.
Technical Analysis
Bitcoin has rallied slightly in the early hours on Tuesday as we continue to see a lot of choppy sideways behavior.
Technical Analysis
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Bitcoin struggles to gain momentum in low-liquidity trading, with sellers capping rallies as traders await clearer direction into January.
Technical Analysis
Bitcoin remains range-bound during low-liquidity holiday trading, with a breakout above $94,000 or a drop below $80,000 likely to define the next major move.
Technical Analysis
Bitcoin continues to trade sideways, with strong support near $80K–$84K limiting downside while upside remains capped below $94K.
Technical Analysis