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 rolled over slightly during the trading session on Thursday, as we continue to grind just below the $10,000 level.
The Bitcoin market has gone back and forth during the trading session on Tuesday, as we continue to test the bottom of the previous descending triangle,
The Bitcoin markets have rallied about 1% during the trading session on Monday, as the market continues to go back and forth overall
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Relative calm has returned to the cryptocurrency market following a strong rally induced by Bitcoin.
Bitcoin had a wild week which started with its 4th best daily performance and a price surge of over 42%
Bitcoin has pulled back a bit during trading on Wednesday in relatively quiet action.
Bitcoin had exploded to the upside during the weekend trading as the Chinese President suggested that China was looking forward to exploring the block chain and touted the benefits of all things related to block chain.
Bitcoin: Bullish breakout holds above long-term trend line
Bitcoin has exploded to the upside of the weekend in thin trading as the Chinese President suggested that crypto currency was in fact a viable alternative for transactions.
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Bitcoin had a very strong session on Friday as we headed into the weekend.
Bitcoin markets have done very little during the trading session on Thursday, as we hover around the $7450 level, and at the bottom of the huge red candle that made up the Wednesday session.
Bitcoin markets fell again during the trading session on Wednesday, as we continue to see a lot of negativity in the crypto markets.
Bitcoin markets have done very little of the last couple weeks, which is quite typical of Bitcoin for long periods of time.
Bearish momentum has been depleted since BTC/USD dropped below the 8K mark.
Bitcoin markets initially tried to rally a bit during the day on Friday but continue to see the 200 day EMA bring out sellers.