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.
Most Recent
Bitcoin markets did very little during the trading session on Thursday, as we continue to go sideways as the 20 day EMA level.
Bitcoin continues to grind a bit sideways overall as we can’t go anywhere.
The bitcoin markets exploded to the upside during the trading session on Friday, sparking hope in the crypto currency community.
Top Forex Brokers
Bitcoin markets drifted a bit lower during the trading session again on Thursday as we continue to rollover in general.
Bitcoin did very little during the trading session again on Tuesday, as we continue to hover underneath the $3500 level.
Bitcoin continues to struggle overall, but we did see a bit of positivity during the day on Friday.
Bitcoin initially tried to rally during the trading session on Thursday again, but as we have seen several times now, sellers come in to squash these rallies.
The bitcoin market rallied slightly during the trading session on Wednesday, gaining a little over 1%. However, the market is reaching towards the $3500 level, an area that of course could cause a bit of resistance.
Bitcoin continues to grind sideways overall, as the $3500 level had offered support yet again on Friday.
Bonuses & Promotions
Bitcoin rallied a bit during the trading session on Thursday, but still remains relatively tight in its trading range.
Bitcoin fell again on Wednesday, as we have seen many times over during the last year or so.
The Bitcoin market pulled back initially during trading on Tuesday but has found support underneath the psychologically figure of $3500.
Bitcoin continues to do almost nothing during the day, as Thursday was very quiet.
Bitcoin tried to rally initially during the trading session on Wednesday, but as we have seen time and time again, sellers came in and push lower.
Bitcoin markets did very little during the day on Tuesday, as we continue to go back and forth and sideways around the $3600 level.