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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BTC holds strong near $104K. Breakout above $110K could trigger rally toward $125K. Dips to $100K seen as buy zones.
Bitcoin’s (BTC) price trades 39% above its multi-month low of $74,400 reached on April 7. This rally brought BTC within 2% of its all-time high of $109,000 when it hit a five-month high at $107,100 on May 19.
Bitcoin nears $106K breakout. If breached, $110K and $135K could be next targets. Support solid at $100K.
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Bitcoin remains bullish as buyers defend the $100K support level, with repeated hammer patterns suggesting a breakout toward $110K could be imminent.
Bitcoin eased slightly on Wednesday, consolidating below the $106K resistance after a sharp 40% rally, with strong support seen at $100K and $96K.
After a sharp rally, Bitcoin shows signs of overextension with likely profit-taking ahead, but remains bullish with support expected near the $100K–$95K range.
Bitcoin smashed through the $100,000 level on Thursday, driven by renewed risk appetite from global trade deal optimism and bullish technical momentum.
Bitcoin remains in a holding pattern between $90,000 and $100,000 as traders await direction from the upcoming FOMC decision.
Bitcoin held steady on Monday near $94,000 as traders wait for a breakout, with strong support at $90,000 and resistance near the $100,000 milestone.
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Bitcoin has rallied a bit during the early hours on Friday and just kept going higher. That being said though, it has been a very quiet session, but it's been positive and that's a good sign
Bitcoin surged on Thursday, approaching the $100K level with strong support near $90K, as traders brace for Friday’s NFP-driven volatility and broader risk sentiment shifts.
Bitcoin remains bullish despite showing signs of short-term fatigue near $94K, with potential pullbacks offering renewed buying opportunities toward $100K.
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Bitcoin continues to find strong buying interest on dips, holding firm around $94,000 as bullish momentum points toward a potential rally to $110,000.
Bitcoin surged to $88K as US equities plunged and the dollar weakened, signaling a potential decoupling and reinforcing BTC’s status as a safe haven amid market chaos.
Bitcoin remains rangebound between $75K and $90K, holding steady near the 200-day EMA despite broader market volatility and potential catalysts ahead.