After 2 months of stable movement in a sideways trend, bitcoin is preparing for a climax. The compression of liquidity or the narrowing of the trading range clearly hints that an impulse exit from the sideways is about to take place. Of course, the community is interested in the main thing — in which direction will the exit take place? Let’s try to analyze possible scenarios in our traditional weekly forecast of the bitcoin exchange rate against the dollar.

Continue reading “BTCUSD exchange rate forecast from July 12 to 18”

The long Lateral Trend continues in the cryptocurrency market, from which Bitcoin has not been able to escape for more than a month and a half. Pressure on miners and other cryptocurrency companies in China continues, forcing crypto investors to proceed cautiously. However, the BTC rate has stabilized in the range of $30,000 to $40,000 and cannot go beyond that. What’s going to happen next week will be our traditional weekly Bitcoin-to-dollar forecast.

Continue reading “BTCUSD exchange rate forecast from July 5 to 11”

The past week within the framework of the sideways movement, in the range between $32,000 and $40,000, was under pressure for bitcoin. Twice they tried to push the price below $30,000, but both attempts were unsuccessful, buyers quickly returned it to the side range. Despite the fears of the market, the main cryptocurrency is not in a hurry and, apparently, does not plan to continue falling. What will be the upcoming week, we will analyze in our traditional weekly forecast of the bitcoin exchange rate to the dollar.

Continue reading “BTCUSD exchange rate forecast from June 28 to July 4”