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 keeps marching to the downside and briefly dipped below the $8,000 level.
Bitcoin markets continue to show negativity in general, as the crypto currency markets overall have seen a lot of selling pressure.
Bitcoin has initially tried to rally during the trading session on Monday, but then rolled over again as we continue to see a lot of negativity.
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The Bitcoin market fell a bit during the trading session on Thursday again, as we continue to see a lot of lackluster trading.
Bitcoin has gone back and forth during the trading session on Wednesday, showing signs of lackluster trading.
The bitcoin market has gone back and forth during the trading session on Tuesday, as we have shown a lot of volatility and therefore it’s likely that the market will continue to see a lot of choppiness more than anything else.
Following the brief spike higher which led to the 4th best daily gain in Bitcoin’s history, bearishness has returned
Bitcoin fell during the trading session on Friday, breaking below the 50 day EMA.
Bitcoin markets have rolled over slightly during the trading session on Thursday, as we continue to grind just below the $10,000 level.
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The Bitcoin market has gone back and forth during the trading session on Tuesday, as we continue to test the bottom of the previous descending triangle,
The Bitcoin markets have rallied about 1% during the trading session on Monday, as the market continues to go back and forth overall
Relative calm has returned to the cryptocurrency market following a strong rally induced by Bitcoin.
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Sign up to get the latest market updates and free signals directly to your inbox.Bitcoin had a wild week which started with its 4th best daily performance and a price surge of over 42%
Bitcoin has pulled back a bit during trading on Wednesday in relatively quiet action.
Bitcoin had exploded to the upside during the weekend trading as the Chinese President suggested that China was looking forward to exploring the block chain and touted the benefits of all things related to block chain.