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BTCUSD

Bitcoin to USD Forecast

Find below weekly Bitcoin to USD ( BTCUSD )  forecasts and technical analysis for Indian forex traders and investors.


BTCUSD Weekly Outlook and Bitcoin Fundamentals, 17th June 2022

Introduction The recent dip in the crypto market has made the Indian brokers observe the reaction of price and what is likely to happen in the crypto industry as the market cap dropped below $1 trillion by 2021. The close price below the psychological zone of 25500 has increased the bearish momentum in the market. […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 28th May 2022

Introduction The best Indian brokers may begin to see the long-term position traders closing out their trades as they see the BTC chart break below the psychological zones to bottom at a new low should the bearish momentum continue.  Some analysts say that the price may bottom at the $12K or $9K depending on the […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 5th May 2022

Introduction Crypto brokers in India welcome the recent step taken by the SEC to tackle frauds in the crypto market as a means of protecting innocent investors according to the chairman of SEC Gary Gensler.  The Securities and Exchange Commission is ready to crack down on the criminal activities in the digital asset market. BTCUSD […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 25th March 2022

Introduction Indian brokers have seen how the price of bitcoin broke out above the $40000 level severally this year but have not dominated the zones. The price of bitcoin has been ranging between the $30000 low and the high of $45000.  Can the long position traders breakout convincingly above the resistance zones or the sellers […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 5th March 2022

Introduction The news about Russia and Ukraine crisis is a concern for bitcoin brokers and other financial institutions as the market becomes uncertain of its direction because of the fear factor in the crypto market.  Can the BTC coin over turn the resistance zone of 46000 for the trend to run or we get a […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 11th Feb 2022

Introduction A country like Russia has shown interest in legalizing digital assets to boost its economic activities for businesses and individuals who want to operate through digital assets. The government’s decision has increased the global market cap for digital assets by 1.5%, this news is a welcome development for the top Indian brokers. BTCUSD Technical […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 21st Jan 2022

Introduction The performance of bitcoin in recent times has made the number one coin slip below the $42000 mark and it has also affected other altcoins in the digital asset class.  As the price of the cryptocurrency is around some key areas on the chart, India brokers are observing how the market will react around […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 23rd December 2021

BTCUSD Forecast and Fundamentals for BTC Introduction The bullish run of bitcoin may be running out of steam as India brokers such as IQ Option are uncertain about the bullish momentum as the price of the digital coin has not broken above the resistance levels on the higher timeframe. The bullish run since July had […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 3rd December 2021

BTCUSD Forecast and Fundamentals for BTC Introduction The news from MicroStrategy about bitcoin becoming a $100 Trillion Asset class is an encouragement for the Indian forex brokers because the bitcoin surge has been boosted through Institutions buying bitcoin and others investing in it. Let’s proceed to identify the technical levels and chart patterns that hint […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 12th November 2021

BTCUSD Forecast and Fundamentals for BTC Introduction Major online stores like Alibaba, Amazon, and other offline superstores are getting ready for the big sales coming up this month. The acceptance of digital coins will interest IQ Option investors to participate in the global event because it will be an added advantage for the superstores that […]