Bitcoin continues to test the $120,000 resistance in a bullish flag pattern, with a breakout potentially propelling BTC toward $130,000 amid strong institutional support.
Technical Analysis
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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Technical Analysis
Bitcoin continues to struggle with resistance at $120,000, forming multiple shooting stars, but remains bullish with support at $110,000 and upside potential to $130,000.
Technical Analysis
Bitcoin remains range-bound below the $120,000 resistance as traders await a breakout, with strong support seen at $115K and $110K.
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Bitcoin pulled back sharply on Tuesday after breaching $120,000, with traders eyeing support at $115K–$110K as potential dip-buying zones in a bullish trend.
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Bitcoin (BTC) hit an all-time high of $123,000 on Bitstamp on Monday, entering uncharted waters as market participants awaited the US CPI print for June, expected to offer fresh signals on the Federal Reserve’s policy path.
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Bitcoin pulled back after an early rally on Monday, with traders now watching key support zones near $110K as potential reentry points for the next leg higher.
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Bitcoin continues its explosive rally toward $120,000 after clearing key resistance at $112,000, with momentum-driven buyers eyeing $125,000 next.
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Bitcoin price remained in a tight range on Wednesday, even after as spot ETFs crossed the important $50 billion inflow milestone
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Bitcoin remains range-bound below $110K, with bulls eyeing a breakout above $112K that could trigger a move toward $120K, as strong dip-buying persists.
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Bitcoin pulls back from strong resistance at $112K amid low liquidity, but holds above $100K, keeping the long-term bullish trend intact.
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Bitcoin continues to attract dip buyers ahead of the U.S. jobs report, with a breakout above $112K likely triggering a run toward the $120K resistance zone.
Technical Analysis
Bitcoin continues to consolidate between $100K and $110K as traders await a risk-on catalyst, with technicals pointing to solid support near $100K.
Technical Analysis
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Bitcoin continues to consolidate within a bullish range, with short-term pullbacks offering buying opportunities ahead of a potential breakout toward $120,000.
Technical Analysis
Bitcoin remains range-bound around $107,000, with traders watching for a breakout above $112,000 to confirm bullish momentum toward $120,000.
Technical Analysis
Bitcoin continues to consolidate within a $100K–$112K range, with bullish sentiment favoring a breakout toward $120K while short-term dips attract buyers.
Technical Analysis