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 fell significantly during the trading session on Thursday as we continue to see a lot of noise in general.
The bitcoin market got absently crushed as it touched the $12,000 level, as we have reached down towards the 11,300 level during the day.
The bitcoin market rallied again during the trading session on Monday, as traders came back from the weekend.
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The bitcoin markets fell a bit during the trading session on Thursday as most traders have been paying attention to Jerome Powell and his speech for the Jackson Hole Symposium.
The bitcoin market has rallied just a bit during the trading session on Wednesday as we look likely to find the $11,000 level as somewhat supportive.
The bitcoin markets have fallen during the trading session on Tuesday, reaching towards the $11,300 level.
The Bitcoin market has pulled back just a bit during the trading session on Friday as we go into the weekend and face a significant amount of resistance in the form of the $12,000 level.
Bitcoin markets have pulled back again during the trading session on Wednesday, as we have seen a continuation of selling on Tuesday.
Bitcoin markets have had an explosive day on Monday, breaking through the crucial $12,000 level quite handily and is higher than the recent volume that we have seen in the market.
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Bitcoin rallied a bit during the trading session on Wednesday as we recovered a bit from the massive selloff on Tuesday.
Bitcoin markets have pulled back a bit during the trading session on Tuesday, as we had seen the gold market meltdown during the day as well.
The bitcoin market has rallied a bit during the trading session on Monday again, testing the crucial $12,000 level.
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The Bitcoin market fell significantly during the Friday session, pulling back from just below the $1200 level.
Bitcoin pulled back a bit during the trading session on Thursday but found buyers yet again on that dip.
The bitcoin market has fallen a bit during the trading session on Tuesday, perhaps taking a bit of a breather after the volatile action that we have seen over the last week or so.