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 did very little during trading on Friday, as we continue to see this market drift lower overall, but obviously we need to see some type of calming effect after the last couple of very bearish days.
Bitcoin markets have broken down significantly during the trading session again on Thursday, crashing through the $6500 level.
Bitcoin markets broke down significantly during trading on Wednesday, as we have found the downtrend line to be resistive enough to turn the market back around.
The bitcoin markets rallied during the thin trading session on Monday, as the Americans were away for the Labor Day holiday.
Bitcoin rallied slightly during the trading session on Friday, as we continue to go back and forth around the $7000 level.
Bitcoin markets drifted lower during the trading session on Thursday, losing 2.5% by the time I sat down at my desk.
Bitcoin fell slightly during the trading session on Wednesday, as we continue to bounce around the $7000 handle
The bitcoin market rallied again during the day on Tuesday, breaking above the $7000 level.
Bitcoin rallied during the day on Monday as traders came back from the weekend.
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Bitcoin rallied during trading on Friday to close out the week, gaining a little over 2.5%
Bitcoin markets continue to do very little on Thursday, as we are stuck in a short-term range.
Bitcoin markets initially tried to rally during the trading session on Wednesday but gave back most of the gains as we reached the $7000 level.
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Sign up to get the latest market updates and free signals directly to your inbox.Bitcoin rallied slightly during the day but then pulled back to fall over.
Bitcoin markets were very choppy during the trading session on Monday as traders came back to work from a quiet weekend.
The Bitcoin market rallied again during the trading session on Friday, to complete a bit of a rounding pattern for the week.