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 sold off rather drastically during the trading session on Wednesday, breaking the back of the hammer from the previous session and the $6500 level.
Bitcoin markets continue to show signs of inactivity as we simply can’t go anywhere.
Bitcoin markets fell slightly during the trading session on Tuesday as we continue to respect that the downtrend line just above, and of course respect the support underneath.
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Bitcoin markets rallied slightly during the trading session on Monday as traders came back from the weekend, but the analysis has stayed the same for months now
Bitcoin markets continue to do almost nothing, as Friday was slightly positive but only just.
Bitcoin rallied a bit during the trading session on Thursday, but we continue to go back and forth and essentially get nowhere.
Bitcoin markets did very little again during the day on Wednesday as volatility is all but disappeared.
Bitcoin markets did very little during the day on Tuesday, as we continue to dance around the $6500 level.
Bitcoin markets fell slightly during the trading session on Monday to kick off the week but bounced a bit to show signs of life again.
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The Bitcoin market try to rally during the day on Friday but turned around to form a shooting star again.
Bitcoin markets did very little during the day on Thursday, dancing around the $6500 level.
Bitcoin rallied slightly to gain a little over 2% during trading on Wednesday.
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Bitcoin markets tried to rally again during the day on Monday, but as per usual ran into a lot of resistance above.
Bitcoin markets rallied over 5% during the day on Friday, in a sign of significant strength.