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 been noisy during the trading session on Monday, due to volatility and noise in currency markets overall.
Bitcoin markets initially fell during the trading session on Friday, reaching down towards the $13,000 level before turning around and forming a hammer.
The bitcoin market initially fell during the trading session on Thursday, reaching down towards the $13,000 level before recovering.
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Bitcoin markets initially tried to continue the upward momentum during the trading session on Wednesday but gave back the gains in order to test the $13,000 level.
The Bitcoin market has gotten a bit ahead of itself, and at this point looks likely to go parabolic again.
The bitcoin market has gone back and forth during the trading session on Monday, reaching above the $13,000 level.
The Bitcoin markets initially rallied during the trading session on Friday but found the going a bit tough during the trading session as we had been overbought for some time.
The Bitcoin market has gone back and forth during the course of the trading session on Thursday, as we continue to see a lot of volatility when it comes to the idea of whether or are not getting some type of stimulus coming out the United States.
The bitcoin market broke down during the trading session on Wednesday, slicing through the $12,000 level like it was not even there.
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The Bitcoin market has rallied again during the trading session on Tuesday, reaching towards the $12,000 level.
The bitcoin market has rallied quite nicely during the trading session on Monday, breaking above the $11,700 level at one point during the day.
Bitcoin had initially fallen during the trading session on Friday but turned around to bounce yet again.
The bitcoin market drifted a little bit lower during the training session on Thursday only to turn around and find buyers again near the $11,300 level.
The Bitcoin markets have drifted a little bit lower during the trading session on Wednesday, as we have pulled back from the shooting star from the previous session.
The consolidated trading range experienced early last week for BTC/USD did not last long.