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 have had an explosive day on Monday, breaking through the crucial $12,000 level quite handily and is higher than the recent volume that we have seen in the market.
Bitcoin rallied a bit during the trading session on Wednesday as we recovered a bit from the massive selloff on Tuesday.
Bitcoin markets have pulled back a bit during the trading session on Tuesday, as we had seen the gold market meltdown during the day as well.
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The bitcoin market has rallied a bit during the trading session on Monday again, testing the crucial $12,000 level.
The Bitcoin market fell significantly during the Friday session, pulling back from just below the $1200 level.
Bitcoin pulled back a bit during the trading session on Thursday but found buyers yet again on that dip.
The bitcoin market has fallen a bit during the trading session on Tuesday, perhaps taking a bit of a breather after the volatile action that we have seen over the last week or so.
Bitcoin markets have rallied a bit during the trading session on Thursday, breaking above the 9500 level.
Bitcoin markets initially dropped a bit during the trading session on Monday to drift below the 50 day EMA.
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The bitcoin markets fell slightly during the trading session on Wednesday, losing about $100.
Bitcoin markets have gone back and forth during the last couple of days, reaching down towards the 50 day EMA yet again.
The bitcoin markets have rallied a bit during the trading session on Wednesday, breaking above the $9400 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The bitcoin market was relatively quiet over the weekend, but the Monday session did see some buying near the crucial $9000 level.
Bitcoin markets have been quiet over the last several sessions.
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