Bitcoin Forecast

Bitcoin has rallied significantly during the trading session on Friday after the Americans killed an Iranian general, sparking a major “risk off” type of rally.

Bitcoin has broken down a bit during the trading session on Thursday as traders came back to work, continuing the overall negativity that we have seen for quite some time.

Bitcoin markets drifted a bit lower during the New Year’s Eve trading session, as we continue to juggle just below the $7250 level.

Bitcoin is positioned to extend its bearish chart pattern after price action was rejected by its short-term resistance zone.

Bitcoin has rallied a bit during the trading session on Monday, breaking above the $7250 level and even reaching above the $7500 level initially before pulling back and showing signs of exhaustion.

Bitcoin is very unlikely to do much during the remainder of the year, as we continue to hang around the $7200 level.

The bitcoin markets rallied slightly during the trading session on Thursday, reaching towards the 7400 level.

Bitcoin did very little during the trading session on Friday, as the market is probably focusing more on the holidays than anything else.

Bitcoin is in recovery mode after dropping below 6,400, but the bearish trend remains intact, and more downside is expected to follow.

Bitcoin has tried to rally a bit during the trading session Thursday but has given back all of the gains in order to form a massive shooting star.

Bitcoin markets initially pulled back a bit during the trading session on Wednesday, but then turned around to show signs of strength.

The Bitcoin market has been absolutely miserable for the last seven months or so.

Bitcoin has fallen again during the trading session on Monday, to kick off the week.

Bitcoin markets did almost nothing again during the trading session on Thursday as we flounder around the $7200 level.

Bitcoin has tried to rally slightly during the trading session on Wednesday, but yet again we continue to see a complete lack of interest.