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 markets broke well below the $60,000 level during the trading session on Monday, as $10 billion worth of crypto liquidations on Sunday in the futures markets certainly had an effect.
Bitcoin markets fell a bit during the trading session on Friday to reach down towards the $60,000 level.
The Bitcoin market initially tried to rally during the course of the trading session on Thursday but gave back the gains to form a shooting star of sorts
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Bitcoin markets rallied during the trading session on Wednesday to reach towards the $65,000 level before pulling back.
Bitcoin markets have broken above the $60,000 level finally and are meant to close well above there.
Bitcoin markets have rallied a bit during the course of the trading session on Monday to reach above the $60,000 level.
Bitcoin markets have rallied slightly during the trading session on Friday but still struggle with the idea of breaking above the $60,000 level.
Bitcoin markets have rallied a bit during the trading session on Thursday to show signs of life again.
Bitcoin markets got hit a bit during the trading session on Wednesday to reach below the $57,000 level.
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The Bitcoin market was very quiet again during the trading session on Tuesday as we continue the overall consolidation.
Bitcoin markets have gone back and forth during the trading session on Monday as traders came back to work.
The bitcoin markets continue to fail at the $60,000 level which is a bit surprising considering that the market had been in such a major bullish run until recently.
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The bitcoin market has drifted a little bit lower during the trading session on Thursday in what would be best described as a very quiet session.
Bitcoin markets have fallen a bit during the opening hours on Wednesday, only to turn around and show signs of strength yet again.
Bitcoin markets rallied again during the trading session on Tuesday to reach towards the $60,000 level.