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.
Most Recent
Bitcoin fell initially during the trading session on Tuesday against the US dollar, as we continue to see a bearish pressure.
Bitcoin has been very bullish during the day, as traders came back from the weekend to start buying again.
Bitcoin markets lost 10% during the trading session on Friday, reaching down towards the $6000 level, an area that I have been talking about for some time.
Top Forex Brokers
Bitcoin did very little during the trading session on Thursday, losing 0.75% as I record this.
Bitcoin continues to be very noisy overall, and during the day on Wednesday as it hung around the $6750 level.
Bitcoin markets initially tried to rally during the trading session on Tuesday, but failed to keep the gains, turning around to form a shooting star.
Bitcoin rallied a bit during the trading session on Monday as traders came back to work, gaining almost 5%.
Bitcoin markets fell a bit during the session on Friday, as we continue to see a bearish pressure. The market is below the $6500 level again, and I think that we are probably going to revisit the $6000 region.
Bitcoin markets rallied significantly during the day on Thursday, after initially looking a bit soft.
Bonuses & Promotions
Bitcoin markets fell during the trading session on Wednesday, reaching down towards the $6000 level.
Bitcoin continues to lose value on Tuesday, reaching down below the $6700 level again.
Bitcoin has fallen apart during the last couple of days, while Monday was rather quiet.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Bitcoin did very little during the trading session on Friday, losing about 0.7% by the time most American traders went home.
Bitcoin rallied slightly against the United States dollar during the trading session on Thursday, turning around to form a bit of a shooting star.
The bitcoin market rallied against the US dollar initially but found enough resistance at the 20 SMA on the Bollinger Band indicator to attract algorithmic trading to the downside.