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 have gone back and forth during the last couple of days, reaching down towards the 50 day EMA yet again.
The bitcoin markets have rallied a bit during the trading session on Wednesday, breaking above the $9400 level.
The bitcoin market was relatively quiet over the weekend, but the Monday session did see some buying near the crucial $9000 level.
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Bitcoin markets have been quiet over the last several sessions.
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Bitcoin traders bond during the trading session on Wednesday as we continue to grind across the 50 day EMA and the uptrend line that makes of the larger ascending triangle.
The bitcoin market has broken down a bit during the trading session initially on Monday, slicing below the 9000 level before recovering a bit.
Bitcoin markets fell slightly during the trading session on Friday, reaching down towards the 50 day EMA.
Bitcoin markets broke down significantly during the trading session on Wednesday, reaching down towards the uptrend line that makes the ascending triangle.
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The Bitcoin market has stalled out a bit during the trading session on Tuesday, digesting the gains from the positive Monday session.
Bitcoin markets have initially fallen during the trading session on Monday when we got back to work, but as you can see, we have turned around to show signs of strength again.
Bitcoin markets have gone back and forth during the trading session on Thursday, as we continue to see a lot of noise in this market.
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Sign up to get the latest market updates and free signals directly to your inbox.The bitcoin market did extraordinarily little during the trading session on Tuesday, as the markets were all over the place outside of the crypto world.
Bitcoin markets initially fell during the trading session on Monday, reaching down towards the 50 day EMA.
Bitcoin markets continue to show signs of support underneath, although the Friday session was relatively quiet.