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 BTC/USD has initially tried to rally on Thursday but gave back what little gain it had in lackluster trading.
The BTC/USD tried to rally during the day on Wednesday but continues to see plenty of sellers just above the push at lower.
The BTC/USD has bounced just a bit during the trading session on Tuesday, gaining about 2.5% by midday.
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The BTC/USD has fallen again during the trading session, losing 3.25% by the time the Americans started to go home.
The BTC/USD continues to act like dead money as it simply sits just below the $18,000 level.
The BTC/USD has been all over the place during the trading session on Monday, as we continue to see a lot of rumors around the FTX fallout hit the wires.
The BTC/USD has fallen rather significantly during the trading session on Friday as the $18,000 level has offered a significant barrier.
Bitcoin has not only pierced the $18,000 level during the Tuesday session, but have reached new lows on Wednesday.
The BTC/USD has pulled back just a bit during the trading session on Monday, as we continue to see very quiet trading.
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The BTC/USD market has risen slightly during the trading session on Thursday, as we are sitting on top of the 50-Day EMA.
The BTC/USD has done very little again during the training session on Wednesday as we await the results of the Federal Reserve meeting.
Bitcoin has rallied significantly during the trading session on Wednesday as we are now threatening the $21,000 level.
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Bitcoin has rallied slightly during the trading session on Tuesday, but we still suggest below the 50-Day EMA,
The BTC/USD market has fallen a bit during the trading session on Monday as we continue to see a lot of lackluster momentum.
Bitcoin has initially pulled back a bit during the trading session on Tuesday, but then turned around to show signs of life.