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 has fallen again during the trading session on Thursday to break down below the $40,000 level.
The Bitcoin market broke higher during the course of the trading session on Wednesday to reach towards the 50 Day EMA.
Bitcoin markets rallied just a bit on Tuesday to show signs of life again.
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Ripple did very little on Tuesday as we continue to look for some type of catalyst to get moving.
Bitcoin fell again on Monday as we continue to see people run away from risk in the overall markets.
The Bitcoin market fell on Friday as we continue to see a lot of selling pressure near the $45,000 level.
Bitcoin has fallen during the trading session on Thursday as the 200 day EMA has shown itself to be far too much to overcome.
Bitcoin markets rallied a bit on Wednesday to reach towards the 200-day EMA.
The Bitcoin market rallied rather significantly again on Tuesday as tensions continue to cause concerns about moving money around the world.
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The Bitcoin market initially fell during trading on Monday as there was a bit of a “risk-off” type of situation around the world.
The Bitcoin market was initially positive during the trading session on Friday, as there was more of a “risk on attitude” around the world.
Bitcoin markets initially fell during the trading session as people ran for cover after the military attack on Ukraine by Russia.
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Bitcoin markets initially tried to rally but gave back quite a bit of the gains as the $40,000 level seems to be somewhat out of reach at the moment.
Bitcoin markets initially fell on Tuesday but then turned around to show signs of life.
Bitcoin has broken significantly lower during the trading session on Monday to crash through the $40,000 level.