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 rallied slightly during the trading session on Friday, breaking above the $8100 level.
Bitcoin rallied significantly during the trading session on Thursday, breaking above the 7600 level and gaining 10%.
Bitcoin rallied slightly during the trading session on Wednesday, which of course is better than it has been acting lately.
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Bitcoin rallied slightly during the trading session on Tuesday, as we have come close to a bottom.
The Bitcoin markets have been negative yet again during trading on Monday, as the BTC/USD pair tried to rally, but then rolled over to show signs of exhaustion yet again.
The Bitcoin market initially tried to rally on Friday, but then rolled over to break down below the $6600 level.
Bitcoin markets fell during trading on Wednesday, as we continue to see weakness in this market.
Bitcoin traders rallied during the day on Tuesday, gaining about 6%.
Bitcoin rallied slightly against the US dollar on Monday but continues to be very soft in general.
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Bitcoin fell initially during the trading session on Friday, reaching down towards the $6700 level.
Bitcoin fell against the US dollar during trading on Thursday, breaking below the $7500 level, and even below the $7450 level.
Bitcoin traders tried to rally during the day on Wednesday but gave back most of the gains.
Bitcoin fell again against the US dollar, losing 3% during the trading session on the Tuesday, it looks as if the market is trying to find some type of bottom, but clearly has not yet.
Bitcoin fell again during the trading session on Monday, losing 6%
Bitcoin fell against the US dollar during the trading on Friday, as we continue to drift around in a slow choppy pattern.