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 price diverged from American stocks even as concerns about inflation and regulations continued.
Bitcoin has fallen a bit during the trading session on Monday, to test the 200-Day EMA.
Bitcoin has fallen rather hard during the trading session on Wednesday, as we continue to see a lot of hesitation up near the $23,000 region.
Top Forex Brokers
Bitcoin has risen slightly on Tuesday, as we continue to wait for some type of momentum to come back into the market and determine the overall direction.
Bitcoin price moved sideways on Tuesday as the market pondered the next action plan by the Federal Reserve following the strong jobs numbers on Friday.
The BTC/USD didn’t do much during the training session on Friday as we continue to hover right around the $23,500 level.
The BTC/USD market has rallied a bit during the trading session on Thursday as we continue to see US dollar weakness overall.
The BTC/USD market has recently rallied quite nicely during the past couple of weeks, but now that we are consolidating.
BTC/USD is near the 23,100.00 prices as of this writing with abundant volatility on full display.
Bonuses & Promotions
The BTC/USD market has pulled back just a bit during the trading session on Monday, as we are starting to see more of a hesitant market for Bitcoin, and therefore we could see this market drop down rather drastically.
The BTC/USD initially tried to rally during the trading session on Thursday but seems to be sticking to the 23,000-level light blue.
The BTC/USD has done very little during the trading session on Wednesday, as we continue to see more sideways action.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
Bitcoin has gone back and forth during the course of the trading session on Tuesday as we try to figure out where we are going next.
The BTC/USD market has done very little during the trading session on Thursday, as we continue to see a lot of lackluster momentum.
Bitcoin has gone back and forth during trading on Wednesday as we continue to hang around the 200-Day EMA.