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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The Bitcoin markets have been back and forth during the trading session on Thursday as we may have finally ran out of momentum.
Bitcoin rallied again during the trading session on Wednesday, as it looks like we are going to threaten that huge wick from three sessions ago.
The Bitcoin markets rallied a bit during the trading session on Tuesday, as we have broken above the $35,000 level yet again.
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Bitcoin initially fell during the trading session only to turn around and show signs of resiliency as we recaptured most of the gains.
Bitcoin has been all over the place during the trading session on Friday as the markets have gotten far ahead of themselves.
Bitcoin markets fell to reach down towards the $30,000 level on Thursday but have turned around quite decisively to not only rally but close off the very high of the day.
The Bitcoin market initially tried to rally during the trading session on Wednesday but then turned around to sell off quite drastically.
Bitcoin markets fell initially during the trading session on Tuesday but continue to find buyers just above the $30,000 level.
Bitcoin markets have been all over the place during the trading session on Monday as it looks like we are looking to find direction.
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The Bitcoin market broke down below the $30,000 level on Friday but turned around quite nicely to show signs of support.
Bitcoin markets fell hard yet again during the trading session on Thursday, dropping 10% during the day.
Bitcoin fell rather significantly during the course of the trading session on Wednesday, breaking below the $35,000 level before turning around and showing signs of life again.
Bitcoin markets initially tried to rally during the trading session on Tuesday but have struggled to hang on to gains.
The Bitcoin market fluctuated during the course of the trading session on Monday, as we have no idea what to do with ourselves.
Bitcoin markets initially tried to break above the $40,000 level during the trading session on Friday but gave back the gains to break down significantly and reach towards the $35,000 level.