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.
Most Recent
Bitcoin has gone back and forth during the course of the early hours on Wednesday, and as we continue to see a lot of noisy behavior in general.
The Bitcoin market has rallied slightly during the early hours of the day Thursday but at this point in time it still looks to me like it's a market that is trying to sort out whether or not it can continue to go higher.
Bitcoin has been very bullish for a while now, although the last couple of days have been a little bit calmer than the ones we've seen previously.
Top Forex Brokers
Bitcoin seemed a bit stagnant during the early hours on Tuesday after shooting straight up in the air on Monday.
Bitcoin, as you can see, has been rallying for a significant amount of time, but in the last couple of days, we have gone back and forth to show signs of noisy trading.
Bitcoin is found on the back foot again on Friday, as we continue to see a bit of a correction in this market.
Bitcoin has been fairly quiet during the training session on Thursday.
Bitcoin has pulled back a little bit to kick off the trading session on Wednesday but seems to be finding significant support just above the crucial $60,000 level.
Bitcoin plunged during the early hours on Tuesday as we continue to see massive amounts of profit taking.
Bonuses & Promotions
Bitcoin has fallen a bit during the Monday session to kick off the week, showing signs of hesitation.
Bitcoin was all over the place during the trading session on Friday as people have been very cautious about trying to put money to work still.
Bitcoin markets initially pulled back a bit during the trading session on Thursday.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Although there is still a lot of erratic activity surrounding Bitcoin, it appears that buyers are prepared to enter the market whenever there is even a slight issue.
Bitcoin keeps rising as traders totally disregard gravity. At this point, the Wall Street inflows are driving the market much higher, so you have to view it through the lens of a mania.
The Wall Street money inflow continues to be a significant factor in the bitcoin market, which saw a small rally in the early hours of Friday as we continue to test the all-time high.