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 shot higher again during the trading session on Wednesday, reaching towards the $16,000 level.
The Bitcoin market fluctuated during the trading session on Tuesday, as we continue to see this market overdone in the short term.
Bitcoin has been all over the place during the trading session on Monday, as the markets try to come to terms with various issues at once.
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The Bitcoin markets rallied again during the trading session on Friday, reaching the $16,000 level before giving up $500 from there.
The bitcoin markets exploded to the upside as the US dollar got hammered during the trading session on Thursday as the US dollar got hit.
Bitcoin markets initially pulled back during the trading session on Wednesday, as election night jitters moved the market back and forth.
Bitcoin markets pulled back slightly during the trading session on Tuesday, but turned around to show signs of strength again to reach towards the 13,700 level.
Bitcoin markets have been noisy during the trading session on Monday, due to volatility and noise in currency markets overall.
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Bitcoin markets initially fell during the trading session on Friday, reaching down towards the $13,000 level before turning around and forming a hammer.
The bitcoin market initially fell during the trading session on Thursday, reaching down towards the $13,000 level before recovering.
Bitcoin markets initially tried to continue the upward momentum during the trading session on Wednesday but gave back the gains in order to test the $13,000 level.
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The Bitcoin market has gotten a bit ahead of itself, and at this point looks likely to go parabolic again.
The bitcoin market has gone back and forth during the trading session on Monday, reaching above the $13,000 level.
The Bitcoin markets initially rallied during the trading session on Friday but found the going a bit tough during the trading session as we had been overbought for some time.