Bitcoin Forecast

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 Forecast

BTC/USD Signal: Rallies after soft US data | 08/30/2023 11:29:54>

The BTC/USD market has rallied significantly during the trading session on Tuesday, getting over 7% as the JOLTS Jobs Openings in the United States came out with “only 8 million jobs listed”, instead of 9 million jobs.

BTC/USD: Slight Price Recovery as Speculators Stay Nervous | 08/24/2023 10:27:23>

After touching a low of nearly 25,350.00 on Tuesday and exhibiting a strong hint of price velocity, BTC/USD has managed to produce a reversal higher in the past day and a half.

BTC/USD: Swift Move Lower after Key Support Level Penetrated | 08/17/2023 11:27:36>

BTC/USD has produced swift price velocity lower this morning, as mid-term support levels have proved vulnerable

BTC/USD: Bounce Higher After Challenging Important Support | 08/10/2023 11:50:13>

The price range for BTC/USD this week has been rather bumpy, but after testing important support depths on Monday, Bitcoin has produced upwards movement.

BTC/USD: Shifting Behavioral Sentiment Near Crucial Support | 07/27/2023 08:25:54>

BTC/USD is lingering slightly above the 29,000.00 level and behavioral sentiment is showing signs of being fragile in the short-term.

BTC/USD: Speculators Considering Consolidated Choppy Values | 07/13/2023 10:09:15>

A hard consolidated and volatile price range for BTC/USD has emerged for speculators who frequently dream of catching the next big wave of upwards momentum in Bitcoin.

BTC/USD: Optimism Fueled by Hopes Financial Elites Joining | 06/22/2023 11:37:35>

BTC/USD is trading above 30,200.00 as of this writing and readers are urged to check this against the market price as they glance at this article.

BTC/USD Forecast: Choppy Action Ahead for Bitcoin | 03/24/2023 11:07:30>

The BTC/USD market continues to consolidate, and after the recent surge toward the $30,000 level, there seems to be a little bit of hesitation.

BTC/USD: Price Jump Upwards as Velocity and Danger Escalates | 03/15/2023 09:36:58>

BTC/USD is trading near the 24,900.00 ratios as of this writing with fast conditions producing impressive choppiness.

BTC/USD Forecast: Struggles With Noise just Above | 02/24/2023 09:45:52>

On Thursday, Bitcoin attempted to rally but encountered significant resistance and is now struggling to gain momentum.

BTC/USD Forecast: Bitcoin Exposed to the Outside Again | 02/20/2023 09:39:13>

The Bitcoin market took off to the upside, showing signs of positivity yet again, and at this point it’s likely that we continue to see a lot of buying pressure underneath.

BTC/USD Forecast: Threatens a Major Barrier | 02/17/2023 09:53:29>

The BTC/USD market has rallied a bit during the trading session on Thursday, as we are now threatening the $25,000 level.

BTC/USD Forecast: Takes off to the Upside | 02/16/2023 08:25:05>

BTC/USD took off during the trading session on Wednesday, gaining just a bit under 7%.

BTC/USD Forex Signal: Struggles to Find Direction | 02/15/2023 08:26:26>

Bitcoin price diverged from American stocks even as concerns about inflation and regulations continued.

BTC/USD Forecast: Testing Potential Support, Looking for Momentum | 02/14/2023 09:48:29>

Bitcoin has fallen a bit during the trading session on Monday, to test the 200-Day EMA.

Bitcoin Forecast

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