Bitcoin Forecast

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.

Bitcoin pulled back ever so slightly Tuesday as we continue to see a lot of nothingness, or what could be thought of as “Brownian motion.”

Bitcoin rallied a bit Monday, but pales in comparison to the massive selling that we had seen previously.

Bitcoin struggled again Friday after initially showing a bit of promise.

The Bitcoin market has fallen again during the trading session on Thursday to break back below the $20,000 level.

Bitcoin had a relatively quiet session on Wednesday as we are hanging just above the $20,000 level, an area that of course is a large, round, psychologically significant figure.

Bitcoin rallied to kick off the Tuesday session, but it broke down since the opening to show signs of weakness.

Bitcoin rallied a bit on Monday but then pulled back to show signs of exhaustion.