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 experienced a minor decline during the Thursday trading session, which coincided with the anticipation of the Non-Farm Payroll announcement on Friday.
The Bitcoin market experienced a slight retracement in the run-up to Wednesday's Federal Open Market Committee (FOMC) meeting.
Bitcoin has been on the rise recently, showing signs of recovery after a period of decline.
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Bitcoin was a bit noisy during the trading session on Monday as we are hanging around the 20-day EMA.
Bitcoin experienced a significant rally during the trading session on Friday.
Bitcoin has had a rather quiet session on Thursday as we continue to hang around the crucial $40,000 level.
BTC/USD has come off lows and is now traversing slightly above the 40,000.00 USD level.
Bitcoin rallied significantly during the early hours on Wednesday.
You can see Bitcoin has initially fell during the trading session and really has not gotten back up from the initial plunge.
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The Bitcoin market initially fell during the trading session on Monday to reach down towards the $40,000 level.
Analyzing the Bitcoin market, as we endeavored to maintain the $40,000 price area, a level of considerable importance.
I see the $47,500 level as a major resistance barrier that will be very difficult to overcome. It's been important multiple times in the past.
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Sign up to get the latest market updates and free signals directly to your inbox.The ‘promised land’ of U.S ETF funds begun late last week and thus far the results have not produced a rocket ride upwards.
The Bitcoin market experienced a modest retreat during Wednesday's trading session, reflecting the ongoing volatility in the broader cryptocurrency landscape.
Bitcoin has reached the lower boundary of its established range and is currently showing signs of a recovery.