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 rallied a bit during the trading session on Friday, gaining over 5% against the US dollar.
Bitcoin did almost nothing on Monday, as we continue to hang about the $8800 level.
Bitcoin rallied against the US dollar during trading on Friday, reaching towards the $8500 level.
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Bitcoin was slightly positive during the session on Thursday, gaining over 1%.
Bitcoin markets rallied slightly during the trading session on Wednesday, as we continue to see the market stands around the $8100 level.
Bitcoin markets were very quiet on Tuesday as crypto currencies in general were flat.
Bitcoin fell again on Monday, as we are starting to see a bit of a pattern.
Bitcoin rallied slightly during the trading session on Friday, breaking above the $8100 level.
Bitcoin rallied significantly during the trading session on Thursday, breaking above the 7600 level and gaining 10%.
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Bitcoin rallied slightly during the trading session on Wednesday, which of course is better than it has been acting lately.
Bitcoin rallied slightly during the trading session on Tuesday, as we have come close to a bottom.
The Bitcoin markets have been negative yet again during trading on Monday, as the BTC/USD pair tried to rally, but then rolled over to show signs of exhaustion yet again.
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Sign up to get the latest market updates and free signals directly to your inbox.The Bitcoin market initially tried to rally on Friday, but then rolled over to break down below the $6600 level.
Bitcoin markets fell during trading on Wednesday, as we continue to see weakness in this market.
Bitcoin traders rallied during the day on Tuesday, gaining about 6%.