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 currency pair bounced a bit Wednesday to show signs of life, gaining over 2%.
The BTC/USD currency pair struggled with the $24,000 level yet again on Monday, as it looks like we are running out of a bit of momentum.
The BTC/USD currency pair initially tried to rally Friday but gave back quite a bit of the gain showing exhaustion.
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Bitcoin has rallied significantly during the session on Wednesday, and of course, Thursday has seen a little bit of follow-through.
The Bitcoin market rallied ever so slightly Wednesday as we continue to see a lot of noisy behavior.
The BTC/USD pair drifted a bit lower Tuesday as we continue to see a lot of hesitation.
Bitcoin fell a bit Monday as traders came back from the weekend.
Bitcoin markets rallied a bit on Friday but gave back gains rather quickly as we continue to go sideways.
The Bitcoin market was relatively quiet during the trading session on Thursday, losing over 1%.
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BTC/USD has powered quite handily above the 50-Day EMA, and now it looks like we are going to see an attempt to break out even further.
BTC/USD rallied a bit Tuesday after initially dipping lower.
Bitcoin rallied rather significantly on Monday, as it looks like we are trying to break out of the consolidation area that we have been in.
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Sign up to get the latest market updates and free signals directly to your inbox.Bitcoin did very little Friday as we continue to just trade back and forth in a relatively well-defined range.
Bitcoin has initially pulled back a bit during the trading session on Thursday but continues to find buyers near the $20,000 level.
The Bitcoin market rallied a bit on Wednesday as we continue to consolidate in the same general vicinity.