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 markets rallied significantly during the day's trading session, breaking the top of a hammer from the previous session, and using the $18,000 level as a springboard.
The Bitcoin market fell again during the trading session on Friday as we have seen a bit of a boost in the US dollar.
The Bitcoin market fell during the trading session on Thursday as we reached towards the $18,000 level.
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Bitcoin markets broke down during the trading session on Wednesday to break below the $18,000 level before finding support.
Bitcoin initially tried to rally during the trading session on Tuesday but continues to struggle with the idea of $20,000 above.
The Bitcoin market fell during the trading session on Friday, reaching down below the $19,000 level before bouncing slightly at the end of the day.
Bitcoin rallied slightly during the trading session on Thursday as we continue to sit just below the $20,000 level.
Bitcoin pulled back a bit during the trading session on Wednesday, only to find buyers yet again.
The Bitcoin market had a relatively quiet Friday, which is something that people needed to see in order to suggest that the uptrend will continue.
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The Bitcoin market fell rather hard during the trading session on Thursday, and what may have been somewhat thin volume
The Bitcoin market continues to defy gravity, which is something it has been known to do.
Bitcoin markets were very noisy during the trading session on Monday, as most markets were as they reacted to Brexit headlines.
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While I still believe that Bitcoin is very bullish overall, the market is without a doubt parabolic at this point.
Bitcoin sliced through the $18,000 level during the trading session on Wednesday, but gave back almost all the gains to form a massive shooting star.