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.
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 continues to trade sideways, with strong support near $80K–$84K limiting downside while upside remains capped below $94K.
Bitcoin is setting up for a potential Santa Rally as bullish derivatives positioning, strong technical signals, and holiday liquidity point toward a $100K breakout.
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Bitcoin remains in consolidation as it attempts to build a floor, with risk appetite and key levels determining whether recovery or deeper selling comes next.
Bitcoin remains in consolidation between major support and resistance, with long-term buyers accumulating while broader risk sentiment dictates direction.
Bitcoin is consolidating between $80K support and the 50-day EMA near $95K, with the next breakout likely determining a move toward $65K or $100K.
Bitcoin continues to weaken amid heavy selling pressure, poor ETF and spot flows, and macro uncertainty, with technicals pointing toward a potential drop below $80,000.
Bitcoin remains under pressure following the Fed's rate cut, with conflicting technical patterns adding to market indecision.
Bitcoin price action remains turbulent after the FOMC meeting, with Powell's mixed comments on inflation and employment stirring uncertainty. With BTC stuck between $88K and $94K, traders await a decisive move for clarity.
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Bitcoin shows resiliency after early-session weakness, with traders watching the $93,000 level for a potential recovery. Conflicting chart patterns and the upcoming FOMC decision add uncertainty, leaving the market cautiously optimistic as it searches for direction.
Bitcoin fell sharply on Friday as resistance near $92,500 held firm. Misinformation and fear dominate sentiment, with downside risk below $80,000.
Bitcoin remains stuck near $92,500 as resistance holds firm; traders eye potential double bottom but await clearer signals before calling a bullish breakout.
Bitcoin plunged more than 6% on Monday, testing the crucial $80,000 level as fears of institutional exit raise the risk of a deeper selloff toward $75,000 or even $55,000.
Bitcoin failed to break above key resistance on Friday, signaling ongoing weakness and raising the likelihood of either a drop below $80,000 or the formation of a broader consolidation range.
Bitcoin's rally stalled near $92,500 as fading momentum and institutional caution suggest further consolidation, with critical levels at $80,000 and $93,000 guiding near-term outlook.