Bitcoin Forecast

The BTC/USD pair drifted a bit lower Tuesday as we continue to see a lot of hesitation.

Bitcoin fell a bit Monday as traders came back from the weekend.

Bitcoin markets rallied a bit on Friday but gave back gains rather quickly as we continue to go sideways.

The Bitcoin market was relatively quiet during the trading session on Thursday, losing over 1%.

BTC/USD has powered quite handily above the 50-Day EMA, and now it looks like we are going to see an attempt to break out even further.

BTC/USD rallied a bit Tuesday after initially dipping lower.

Bitcoin rallied rather significantly on Monday, as it looks like we are trying to break out of the consolidation area that we have been in.

Bitcoin did very little Friday as we continue to just trade back and forth in a relatively well-defined range.

Bitcoin has initially pulled back a bit during the trading session on Thursday but continues to find buyers near the $20,000 level.

The Bitcoin market rallied a bit on Wednesday as we continue to consolidate in the same general vicinity.

Bitcoin has done very little during the trading session on Tuesday as we continue to flounder around the $20,000 level.

The Bitcoin market drifted a little lower on Monday as we are looking at the $20,000 level as a potential support area yet again.

Bitcoin rallied during most of the trading session on Friday but gave back gains as we continue to see a bit of hesitation.

The Bitcoin market has rallied a bit during the trading session on Thursday as we continue to go sideways.

Bitcoin continues to hang around the $20,000 level, essentially doing nothing.