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 rallied to kick off Wednesday but continues to hear a lot of noise near the $30,000 level.
The Bitcoin market did almost nothing on Tuesday as we continue to look at the $30,000 level as difficult to overcome with any type of confidence.
Bitcoin rallied a bit on Monday as we continue to hang around the $30,000 level.
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The Bitcoin market dropped a bit on Thursday as we continue to hang around the $30,000 level.
Bitcoin has rallied ever so slightly during the trading session on Thursday, as we continue to hang about the $30,000 level.
The Bitcoin market fell rather hard on Wednesday as the $30,000 level has caused a bit of resistance.
The Bitcoin market initially rallied on Tuesday but gave back gains above the $30,000 level.
BTC/USD is within an uneasy price range as it continues to linger unsteadily, leaving speculators with questions regarding their perceptions.
Bitcoin has rallied a bit during the trading session on Friday to break above the $30,000 level.
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Bitcoin has gone back and forth during the trading session on Thursday as we are trying to figure out where the bottom of the market is.
Bitcoin went back and forth on Wednesday to challenge the $30,000 level.
The Bitcoin market fell significantly on Tuesday but found enough psychological and structural support near the $30,000 level to bounce a bit.
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Sign up to get the latest market updates and free signals directly to your inbox.Bitcoin got eviscerated on Monday to break down below the $32,000 level.
Bitcoin fell a bit on Friday to show signs of weakness but also turned around as the US dollar calmed down quite a bit.
The Bitcoin market has broken down significantly during the trading session on Thursday to show signs of massive resistance at the $40,000 level.