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 initially shot much higher during trading on Monday.
Bitcoin markets were relatively quiet during trading on Friday, as the market sits just below the $10,000 region.
Bitcoin has rallied significantly during the trading session on Wednesday, breaking towards the $9600 level and beyond.
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Bitcoin went back and forth during the trading session on Monday, as we continue to see a lot of noise when it comes to financial markets in general.
Bitcoin markets have fallen a bit during the trading session on Friday, pulling back from the $9500 region.
Bitcoin markets continue to plow higher, and during the day on Wednesday even managed to break above the top of the shooting star from the previous session that signals such strength.
The bitcoin markets have initially rally during the trading session on Tuesday but pulled back to form a bit of a shooting star.
Bitcoin lost its bullish momentum after completing a breakdown below its resistance zone.
Bitcoin has initially rallied during the trading session on Monday, breaking above the $9000 level but has turned right back around to form a bit of a shooting star.
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Bitcoin has had a very good session on Tuesday, breaking above the downtrend line that has been so prominent in this market.
Bitcoin has rallied slightly during the trading session on Monday to kick off the week, as we continue to bounce around the 200 day EMA.
Volatility has returned to the cryptocurrency market, and Bitcoin added over $2,000 from its December intra-day low of 6,386.75 to its current January intra-day high of 8,406.53
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Bitcoin spiked together with safe-haven assets like gold, as tensions between the US and Iran flared up.
Bitcoin ended up breaking lower during the trading session on Thursday, in a perfect selling opportunity based upon the shooting star from the Wednesday session