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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Bitcoin fell a bit during the trading session on Friday, but it still looks fairly well supported just above the 50 day EMA.
Bitcoin initially did rally a little bit during the trading session on Wednesday.
Bitcoin has gone back and forth during the early hours on Tuesday as we continue to see the market look somewhat consolidation based.
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Bitcoin continues to power higher during the Monday session as it looks like we are willing to step in and continue the overall consolidation.
The bitcoin market has been all over the place during the trading session on Friday.
Bitcoin has rallied significantly during the course of the trading session on Thursday, as we have seen the $60,000 level offer significant support.
Bitcoin is about to undergo a transactional halving.
Bitcoin has been all over the place during the course of the trading session on Wednesday. See where BTC/USD is headed today.
The Bitcoin market has rallied pretty significantly during the early hours on Monday after the weekend provided a lot of fireworks in the spot market.
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Bitcoin initially tried to rally during the Friday session but gave back gains as we continue to see a lot of noisy behavior.
Bitcoin rallied slightly during the trading session here on Thursday as we continue to see a lot of upward momentum.
Bitcoin fell initially during the trading session on Wednesday and the hotter than anticipated CPI numbers clearly have had a bit of a negative effect on Bitcoin as well as the US dollar took off.
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Bitcoin initially pulled back just a bit during the trading session on Tuesday but did find a bit of buying pressure underneath.
Bitcoin continues to consolidate overall as we sold off rather rapidly during the early hours on Friday, we have seen a recovery after the jobs figure came out and now it looks like we are still very much at risk on type of attitude.
Bitcoin has initially pulled back just a bit during the trading session on Thursday, but then turned around to show signs of life again.