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.
Most Recent
The Bitcoin market initially rallied significantly during the trading session on Monday, as the weekend trading was rather bullish.
The Bitcoin markets fell a bit during the trading session on Friday, partially helped by the Deribit $21 billion worth of options expiring.
Bitcoin traders should expect another month of surprises.
Top Forex Brokers
The bitcoin markets have rallied ever so slightly to kick off the trading session on Thursday but gave back a bit of the gains in order to show signs of exhaustion.
The Bitcoin market fluctuated during the trading session on Tuesday after a wild ride on Monday due to manipulation from the UK involving Amazon.
BTC/USD has delivered a flurry of violent bursts the past couple of days and speculators brave enough to trade the asset need to be prepared with solid risk management.
Traders went wild with the assumption that adoption will drive prices higher.
Bitcoin markets rallied just a bit during the trading session on Friday but gave back the gains to form a less-than-impressive candlestick.
Bitcoin markets were relatively positive but quiet during the session on Thursday, as we are awaiting the so-called “death cross” being formed above.
Bonuses & Promotions
BTC/USD has produced a rather dramatic week of results for speculators and more tests are likely to be demonstrated.
The Bitcoin market rallied significantly during the trading session on Wednesday, bouncing from the crucial $30,000 level.
The Bitcoin market fell again during the trading session on Tuesday to pierce the $30,000 level, the bottom of the most recent consolidation area, which has the $40,000 level as a massive resistance barrier.
The Bitcoin market initially tried to rally during the trading session on Monday but fell yet again.
The Bitcoin market fluctuated during the trading session on Friday as we continue to hover just above the $30,000 level.
The bitcoin market has fallen during the course of the trading session on Thursday, as we continue to see a lot of negativity around the world.