Last week, bitcoin finally managed to demonstrate its strength, the main cryptocurrency grew for 10 days and only at the weekend the price went for a small correction. During this time, the coin has gone from support in the area of $30,000 to raising the price to the level of $40,000, but at the moment the price is declining and there is a chance of returning to the side range. Whether the bulls will be able to hold positions and strengthen growth, we will analyze in our traditional weekly forecast of the bitcoin-dollar exchange rate.

Continue reading “BTCUSD exchange rate forecast from August 2 to August 8”

After two months of pressure and a systematic decline, bitcoin finally demonstrated its character and in just a couple of days almost reached the resistance zone around $40,000. Whether the main cryptocurrency will be able to break higher and get out of the sideways trend of May 19, we will analyze in our traditional weekly forecast of the bitcoin exchange rate to the dollar.

Continue reading “BTCUSD exchange rate forecast from July 26 to August 1”

Today marks exactly 2 months since the beginning of the sideways trend in bitcoin. Despite various events, whether from the world of cryptocurrencies or in the global economy, the value of the main digital coin continues to remain locked within a sideways trend. There is one important plus in the tedious waiting – every week the range of the sideways trend narrows, there is a compression of liquidity, which means that in the near future we can expect an impulse that will set a further trend. In which direction the coin will go, we will analyze in our traditional weekly forecast of the bitcoin exchange rate to the dollar.

Continue reading “BTCUSD exchange rate forecast from July 19 to 25”