Cryptocurrency Forecasts

Bitcoin retains its superior feature – volatility. After a decline to $6,500 earlier today, bitcoin showed a sharp rebound to levels above $7,100.

It’s a bullish 1st half of the week. Binance Coin will need to break back through to $16 levels, however, to support further gains.

So far, 2020 has been a trying time for the world of cryptocurrencies. While cryptocurrencies are still seen by many as a refuge from failing centralized economies, the developing COVID-19 pandemic has caused severe drops in asset values across the board.

Sideway trends for bitcoin often end with sales, which was confirmed this time as well.

It’s a bearish start to the week for the majors. Failure to move through to key levels could see the pack give up last week’s gains…

It’s a bullish start to the week, with resistance levels in play. Mid-week support will be key, however, to avoid a reversal going into the weekend.

After a bullish week for the majors, its a mixed start to the current week. Avoiding a pullback through key levels would likely deliver another weekly gain.

It’s been a mixed week for Binance Coin. Failure to break out mid-week could see early gains reverse ahead of the weekend…

Another sideways trend for Bitcoin ended with a sale. At some point, Bitcoin was falling below $6K, and only a decline below that round level attracted buyers.

After modest gains last week, it’s a bearish start to the week. Failure to move back through last week’s highs could weigh in the week.

It’s been a choppy first half of the week, with early gains eroded early on. A move through to $13 levels would signal a breakout…

It’s a bullish start to the week as the bulls look to follow on from last week’s partial rebound. Failure to move through key levels could pressure, however.

It’s a mixed start to the week for Binance Coin, with the broader crypto market finding influence from the impact of the coronavirus. It’s going to be choppy.

The stock market sell-off led some analysts to believe that bitcoin was dead in the water.

After a particularly bearish week, it’s a mixed start to the week this morning. Failure to break through to key levels early could bring more pain…

It’s a particularly bearish first half of the week. Failure to break back through the major support levels could bring sub-$15 into play.

After a relatively bullish week, it’s back into the red at the start of the week. Failure to move through key levels early in the week could weigh heavily mid-week.

It’s a mixed start to the week. A move back through the current week high $20.52 would bring resistance levels into play later in the week.

After a particularly bearish final week of the month, the bulls are looking to claw their way back. It’s a bullish start to the week…

It’s a bearish week for Binance Coin, which is eyeing a 3rd consecutive day in the red. Failure to move through to $22.70 levels could bring more losses.