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 pulled back just a bit on Monday but found $60,000 to be supportive.
The Bitcoin market initially tried to rally on Friday but gave back gains as the top of the bullish flag we are in continues to offer resistance.
The bitcoin market has pulled back just a bit during the trading session on Thursday to reach towards the $60,000 level.
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The Bitcoin market initially pulled back on Wednesday but recovered a bit to show signs of life again.
The Bitcoin market rallied a bit on Tuesday again to break out above a potential bullish flag pattern.
The Bitcoin market pulled back a bit on Monday only to test the $60,000 level.
The Bitcoin market pulled back just a bit on Friday but found the $60,000 level to be supportive enough to keep the momentum to the upside.
The Bitcoin market has rallied significantly during the course of the trading session on Thursday to show signs of life again at the $60,000 level.
Bitcoin pulled back on Wednesday to slice through the $60,000 level.
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Bitcoin markets have gone back and forth on Tuesday as we continue to try and digest gains from the massive move higher.
Bitcoin has initially pulled back on Monday, but then found the $60,000 level to be psychologically important enough to turn this thing around.
The Bitcoin market fell a bit on Friday to go looking towards the $60,000 level.
The Bitcoin market has pulled back significantly during the trading session on Thursday, for the first time in what seems like a lifetime.
The Bitcoin market rallied significantly on Wednesday to reach above the $66,000 level.
The Bitcoin market rallied again to break above the $63,000 level on Tuesday to show just how bullish the market is.