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 had a very quiet session during the trading session on Thursday as the 36,800 level seems to be offering a little bit of stabilization.
The Bitcoin market pulled back significantly on Wednesday as the market has run out of steam.
Bitcoin rallied a bit but gave back some of the gains to show signs of hesitation.
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The Bitcoin market pulled back just a bit on Monday, only to find buyers underneath to pick the coin up.
Bitcoin rallied just a bit on Friday, as we continue to hang about in the same general vicinity.
Bitcoin went back and forth during the course of the trading session on Thursday as we continue to see a lot of noisy behavior.
The Bitcoin market rallied a bit on Wednesday heading towards the FOMC.
Bitcoin markets initially fell a bit on Tuesday but then turned around to show signs of life again.
Bitcoin markets have plunged quite drastically to reach towards the $33,350 level on Monday in the latest round of panic trading.
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Bitcoin took a huge hit on Friday as the support has completely given up.
Bitcoin markets have bounced a bit during the trading session on Thursday to gain a little bit over 3%.
Bitcoin initially dropped a bit on Tuesday but found buyers to turn things around and show signs of life again.
Bitcoin markets initially tried to rally a bit on Tuesday, but then gave back gains to show signs of negativity yet again.
Bitcoin markets initially tried to rally on Monday, but then pulled back rather significantly to go looking towards the $42,000 level.
The Bitcoin market fell a bit on Friday before turning around and forming a bit of a hammer.