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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Bitcoin initially tried to rally on Tuesday but gave back gains to show signs of hesitation again.
Bitcoin fell a bit on Monday to break down and reach the $30,250 level.
The Bitcoin market fell a bit on Friday to show signs of negativity.
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Bitcoin initially tried to rally during the trading session on Thursday but seems to have given back early gains to show signs of hesitation at the 50 Day EMA.
The Bitcoin market continues to see a lot of confusion as the Wednesday session has shown a turnaround at the 50 Day EMA.
Bitcoin has rallied a bit during the trading session on Tuesday to reach the $41,250 level.
Bitcoin has fallen a bit during the trading session on Monday to break below the $39,000 level initially.
Bitcoin did very little on Friday as liquidity was very thin during the Good Friday holiday.
Bitcoin has pulled back a bit during the trading session on Thursday to reach the $40,000 level again.
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Bitcoin markets rallied on Wednesday as the $40,000 level has offered a significant amount of support.
The Bitcoin market did very little on Tuesday after selling off quite drastically on Monday.
The Bitcoin market broke down significantly on Monday as we kicked off the week on the wrong foot.
Bitcoin initially fell a bit on Friday to test the 50-day EMA, only to turn around and show signs of life.
The Bitcoin market fell initially during trading on Thursday to reach the $43,600 level.
The Bitcoin market broke down significantly on Wednesday to slice through the 200-day EMA.