Last week, the crypto market had been idle. This was not without attempts to break through important resistances, but because of the growth of inflation in the U.S. to 7.5%, the risk of more rapid rate hikes by the Fed led to a decline in the stock and crypto markets. Let us break down what the coming week will be like in this weekly bitcoin-to-dollar analysis.
Continue reading “BTCUSD exchange rate forecast on February 14 — 20, 2022”
The last week was fruitful for the cryptocurrency market. Bitcoin continued its recovery and reached $43,000 by the beginning of the week. Does it mean that the recovery and retracement may persist? In our weekly bitcoin-to-dollar forecast, we will try to provide an answer to this question.
Continue reading “BTCUSD exchange rate forecast from February 7 to February 13”
Over the past week, you could see the cryptocurrency market slowly coming back to life, thereby bouncing off of important support zones. All of this prompted sellers to settle down a bit.
Nevertheless, the situation is still tense and the rate’s decline continues. Find out what awaits the crypto market in the coming week in our weekly bitcoin-to-dollar exchange rate forecast. Continue reading “BTCUSD exchange rate forecast from January 31 to February 6”
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”
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”
Exactly one month after the May collapse, Bitcoin continues to remain locked in a wide band between $32,000 and $40,000, periodically testing the support zone and the resistance zone. The new work week started off against a backdrop of high sales. Can the main cryptocurrency stand and return to growth? In our traditional weekly rate projection of Bitcoin to the dollar, we’ll take it apart. Continue reading “BTCUSD exchange rate forecast from June 21 to 27”