Bitcoin markets rallied again during the trading session on Tuesday, reaching towards the crucial $6000 handle.
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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 had a very strong session during trading on Friday, after the jobs number came out, and there was a general “risk on” feeling around the world.
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Bitcoin markets rallied a bit during the trading session on Wednesday again, as the 200 day EMA sits just below the market.
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The bitcoin market rallied a bit during the trading session on Tuesday, bouncing from the bottom of the channel that we have been in.
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Bitcoin broke down significantly during the trading session on Friday, to close out the week with a very bearish candle stick.
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The bitcoin market fell during trading on Wednesday, reaching down towards the breakout point that we had seen on Tuesday.
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Bitcoin markets rallied a bit during the day on Monday, as markets in general have been very quiet.
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Bitcoin markets rallied slightly during trading on Thursday as we continue to see a bit of an upward tilt.
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Crypto currency markets continue to be a bit quiet over the last couple of days, but after the explosive move higher that is a good sign.
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Bitcoin markets rallied a bit during trading again on Tuesday, reaching towards the top of the Monday candle stick which of course was a bit of exhaustion.
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Bitcoin markets initially rallied during the day on Monday but found quite a bit of resistance just above.
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Bitcoin fell rather hard during trading on Thursday, as we continue to see a lot of noise in this marketplace.
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Bitcoin markets rallied again during the trading session on Wednesday in one of the biggest winning streaks that we’ve seen for some time.
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The bitcoin market pulled back slightly during the trading session on Tuesday but did find buyers at the bottom of the range, showing signs of resiliency considering that the range was so tight.
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Bitcoin markets exploded to the upside on Tuesday, finally breaking above the resistance of the $4250 level, showing an extreme amount of volatility.
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