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 down significantly during the trading session on Thursday as we had seen a move into the US dollar overall.
Bitcoin markets have gone back and forth during trading again on Wednesday as the $10,000 level above continues offer significant resistance.
The Bitcoin market went back and forth during trading on Friday again, as we yet again see the $10,000 level offer a significant amount of resistance.
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Based upon the action that we have seen during the trading session on Thursday in Bitcoin, it looks as if we are trying to carve out a new range.
The Bitcoin market initially pulled back just a bit during the trading session on Tuesday after the long-awaited halving on Monday.
Bitcoin will undergo its third halving event next week, eagerly anticipated by investors and traders alike.
Bitcoin markets did nothing during the trading session on Monday for the third day in a row, which makes quite a bit of sense considering that the market is currently testing the $9000 level,
Bitcoin has gone back and forth during the session on Friday, just as it had done on Thursday, albeit in a much less volatile range.
Bitcoin markets have rallied slightly during the trading session on Tuesday but gave back what little gains they made as we are waiting the Federal Reserve’s announcement.
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Bitcoin will face its third-having event on May 12th. Enthusiasts hoping for a repeat of the previous two, which initiated massive rallies to new all-time highs,
For those of you who are diehard Bitcoin holders, this has to be one of the strangest markets to deal with right now.
The coin markets rolled over during the trading session on Good Friday as there would have been a serious lack of volume
Bitcoin has gone back and forth during the trading session on Tuesday, as we continue to sit still.
The Bitcoin market has initially tried to rally during the trading session on Friday but continues to find a lot of trouble in the area of $7000,
Following the initial meltdown, this cryptocurrency pair was able to recover into the top range of its short-term resistance zone.