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 rallied a bit on Monday but struggled with the $60,000 level.
Bitcoin initially fell on Friday, piercing the 50-day EMA.
Bitcoin has initially tried to rally during the day on Thursday, but the $60,000 level could not hold as support.
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The Bitcoin market initially on Wednesday but turned around to show signs of life again as the $60,000 level looks to be supported in this market.
The Bitcoin market got hammered on Tuesday to crash into the $60,000 level.
The Bitcoin market initially tried to rally on Monday to show signs of strength, but then gave back the gains to finish relatively unchanged.
Bitcoin initially fell on Friday to break down below the $64,000 level, but we have turned around to form a bit of a hammer.
The Bitcoin market has rallied just a bit during the course of the trading session on Thursday to show signs of stability, right around the $65,000 level.
BTC/USD made new record highs yesterday and remains within sight of these realms as speculators continue to pursue the cryptocurrency.
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The Bitcoin market went back and forth on Wednesday as it continues to try to make all-time highs.
The Bitcoin market has initially tried to rally on Tuesday but gave back the gains to form a little bit of a shooting star.
Bitcoin initially pulled back just a bit on Monday but found $60,000 to be supportive.
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The Bitcoin market initially tried to rally on Friday but gave back gains as the top of the bullish flag we are in continues to offer resistance.
The bitcoin market has pulled back just a bit during the trading session on Thursday to reach towards the $60,000 level.
The Bitcoin market initially pulled back on Wednesday but recovered a bit to show signs of life again.