The value of the Bitcoin (Symbol: XBT or BTC) fluctuates constantly and Bitcoin technical analysis is required in order to know when to buy and sell this currency. Several online currency exchanges are available where one can exchange dollars and other currencies for Bitcoins. .
The traders at DailyForex monitor the Bitcoin markets on an ongoing basis and provide you with Bitcoin forecasts (Mostly XBT/USD) that show you how to profit from this unique currency. Watch the gyrations of the Bitcoin based on Bitcoin technical analysis, global availability and government regulation in the Bitcoin market analysis below.
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The BTC/USD has done nothing for several weeks, and it looks like a lot of the “hot money” has left the market.
The Indian Nifty 50 has pulled back to the ₹18,500 level during Friday trading.
The BTC/USD continues to be dead money, as we are simply trading in a very tight range.
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The BTC/USD has rallied ever so slightly during the trading session on Thursday, gaining 8/10 of a percent by the time the Americans were wrapping up the afternoon.
The BTC/USD has pulled back a bit during the trading session on Wednesday, as we continue to see truly lackluster performance in the cryptocurrency markets.
The BTC/USD has done almost nothing during the trading session on Tuesday as we continue to see cryptocurrency do almost nothing.
The BTC/USD initially tried to rally during the day on Monday but continues to find sellers every time it rallies.
The BTC/USD has done almost nothing on Friday as the US dollar has been thrown all over the place.
The BTC/USD has tried to rally over the last 24 hours but ran into enough selling pressure to turn things around.
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Bitcoin has fallen again during the session on Monday, after going sideways for the last couple of days.
Bitcoin has done almost nothing during the trading session on Friday yet again, as it is essentially just sitting in the same area that it has been for 2 weeks.
The BTC/USD has initially tried to rally on Thursday but gave back what little gain it had in lackluster trading.
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The BTC/USD tried to rally during the day on Wednesday but continues to see plenty of sellers just above the push at lower.
The BTC/USD has bounced just a bit during the trading session on Tuesday, gaining about 2.5% by midday.
The BTC/USD has fallen again during the trading session, losing 3.25% by the time the Americans started to go home.