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 were very noisy during the trading session on Monday, as most markets were as they reacted to Brexit headlines.
Speculators who enjoy a solid rocket ride filled with danger are encouraged to wager on BTC/USD short term.
While I still believe that Bitcoin is very bullish overall, the market is without a doubt parabolic at this point.
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Bitcoin sliced through the $18,000 level during the trading session on Wednesday, but gave back almost all the gains to form a massive shooting star.
Bitcoin markets are now officially parabolic, and it is an extraordinarily difficult market to get involved in.
The Bitcoin market has fluctuated during the trading session on Friday, as we have broken above the $16,000 level.
Bitcoin markets initially pulled back during the trading session on Thursday, but then turned around to break above the $16,000 level yet again.
The Bitcoin market has shot higher again during the trading session on Wednesday, reaching towards the $16,000 level.
The Bitcoin market fluctuated during the trading session on Tuesday, as we continue to see this market overdone in the short term.
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Bitcoin has been all over the place during the trading session on Monday, as the markets try to come to terms with various issues at once.
The Bitcoin markets rallied again during the trading session on Friday, reaching the $16,000 level before giving up $500 from there.
The bitcoin markets exploded to the upside as the US dollar got hammered during the trading session on Thursday as the US dollar got hit.
Bitcoin markets initially pulled back during the trading session on Wednesday, as election night jitters moved the market back and forth.
Bitcoin markets pulled back slightly during the trading session on Tuesday, but turned around to show signs of strength again to reach towards the 13,700 level.