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 has rallied significantly during the trading session on Wednesday as we are now threatening the $21,000 level.
Bitcoin has rallied slightly during the trading session on Tuesday, but we still suggest below the 50-Day EMA,
The BTC/USD market has fallen a bit during the trading session on Monday as we continue to see a lot of lackluster momentum.
Bitcoin has initially pulled back a bit during the trading session on Tuesday, but then turned around to show signs of life.
If there’s a place money has gone to die, it’s almost certainly the crypto market.
The BTC/USD has done very little during the trading session on Wednesday as we continue to simply go back and forth in a very tight range.
Bitcoin has fallen a bit during the trading session on Tuesday as Bitcoin continues to be where “money went to die.”
Bitcoin initially tried to rally on Friday but gave back gains as soon as we touched by the 50-Day EMA.
The BTC/USD has done very little during the trading session on Wednesday as we continue to wait around for some type of signal.
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If money found a place to die, it would certainly be an area called “Bitcoin.”
Bitcoin has fallen during the Friday session as the US dollar has strengthened a bit and of course, the 50-Day EMA has offered a little bit of resistance.
The BTC/USD market has done very little during the trading session on Thursday as we continue to hang around the 50-Day EMA.
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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 Wednesday as we have pulled back from the 50-Day EMA, and traders have started to realize that the “risk off rally” was fading.
Bitcoin has rallied slightly during the trading session on Monday to show signs of life, but still struggles with the idea of rallying.
The BTC/USD has done almost nothing during the trading session yet again during the day on Friday, as we are sitting just below the 50-Day EMA.