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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The Bitcoin market initially tried to rally during the trading session on Tuesday, only to turn around and show signs of weakness.
BTC/USD has lost more than six thousand USD in the past two and a half days of trading.
Bitcoin initially did try to rally a bit during the trading session on Tuesday, but since then has plunged lower.
Bitcoin fell a bit during the trading session on Monday and we have dropped below the 50 day EMA.
Bitcoin fell a bit during the trading session on Friday, but it still looks fairly well supported just above the 50 day EMA.
Bitcoin initially did rally a little bit during the trading session on Wednesday.
Bitcoin has gone back and forth during the early hours on Tuesday as we continue to see the market look somewhat consolidation based.
Bitcoin continues to power higher during the Monday session as it looks like we are willing to step in and continue the overall consolidation.
The bitcoin market has been all over the place during the trading session on Friday.
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Bitcoin has rallied significantly during the course of the trading session on Thursday, as we have seen the $60,000 level offer significant support.
Bitcoin is about to undergo a transactional halving.
Bitcoin has been all over the place during the course of the trading session on Wednesday. See where BTC/USD is headed today.
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Sign up to get the latest market updates and free signals directly to your inbox.The Bitcoin market has rallied pretty significantly during the early hours on Monday after the weekend provided a lot of fireworks in the spot market.
Bitcoin initially tried to rally during the Friday session but gave back gains as we continue to see a lot of noisy behavior.
Bitcoin rallied slightly during the trading session here on Thursday as we continue to see a lot of upward momentum.