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 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.
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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.
Bitcoin loses momentum, testing the critical $75K support level as traders react to weak adoption signals and market disappointment over the US Crypto Strategic Reserve.
Bitcoin remains range-bound near $90K, seeking direction between key EMAs, with potential support at $75K and resistance near $100K.
Bitcoin tumbles below the 200-day EMA, with short-term risks pointing to $75K, while long-term investors may view the dip as a buying opportunity.
Bitcoin flirts with the $90K resistance, with traders eyeing a breakout while long-term investors view dips as potential buying opportunities.
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Bitcoin’s weak bounce hints at further declines, with $74K as a key support level, as market panic and Fed rate uncertainty drive risk-off sentiment.
Bitcoin's price plunged on Wednesday, approaching the 200-day EMA, with concerns over risk appetite and economic slowdowns potentially driving it toward the $74,000 support level.
Bitcoin hits 200-day EMA as risk-off sentiment grows. Can buyers hold this level, or is $74K the next target?
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Sign up to get the latest market updates and free signals directly to your inbox.Bitcoin remains in a tight range near $90K, with support and resistance levels setting the stage for a possible breakout.
Bitcoin continued to consolidate on Wednesday, trading between key support at $90,000 and resistance at $110,000 as investors await a breakout.
Bitcoin continues to consolidate between $90K and $110K as traders weigh US regulatory uncertainty and the Federal Reserve's monetary policy stance.