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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The BTC/USD has done almost nothing on Friday as the US dollar has been thrown all over the place.
The BTC/USD has tried to rally over the last 24 hours but ran into enough selling pressure to turn things around.
Bitcoin has fallen again during the session on Monday, after going sideways for the last couple of days.
Bitcoin has done almost nothing during the trading session on Friday yet again, as it is essentially just sitting in the same area that it has been for 2 weeks.
The BTC/USD has initially tried to rally on Thursday but gave back what little gain it had in lackluster trading.
The BTC/USD tried to rally during the day on Wednesday but continues to see plenty of sellers just above the push at lower.
The BTC/USD has bounced just a bit during the trading session on Tuesday, gaining about 2.5% by midday.
The BTC/USD has fallen again during the trading session, losing 3.25% by the time the Americans started to go home.
The BTC/USD continues to act like dead money as it simply sits just below the $18,000 level.
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The BTC/USD has been all over the place during the trading session on Monday, as we continue to see a lot of rumors around the FTX fallout hit the wires.
The BTC/USD has fallen rather significantly during the trading session on Friday as the $18,000 level has offered a significant barrier.
Bitcoin has not only pierced the $18,000 level during the Tuesday session, but have reached new lows on Wednesday.
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Sign up to get the latest market updates and free signals directly to your inbox.The BTC/USD has pulled back just a bit during the trading session on Monday, as we continue to see very quiet trading.
The BTC/USD market has risen slightly during the trading session on Thursday, as we are sitting on top of the 50-Day EMA.
The BTC/USD has done very little again during the training session on Wednesday as we await the results of the Federal Reserve meeting.