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 fell again on Monday as we continue to see people run away from risk in the overall markets.
The Bitcoin market fell on Friday as we continue to see a lot of selling pressure near the $45,000 level.
Bitcoin has fallen during the trading session on Thursday as the 200 day EMA has shown itself to be far too much to overcome.
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Bitcoin markets rallied a bit on Wednesday to reach towards the 200-day EMA.
The Bitcoin market rallied rather significantly again on Tuesday as tensions continue to cause concerns about moving money around the world.
The Bitcoin market initially fell during trading on Monday as there was a bit of a “risk-off” type of situation around the world.
The Bitcoin market was initially positive during the trading session on Friday, as there was more of a “risk on attitude” around the world.
Bitcoin markets initially fell during the trading session as people ran for cover after the military attack on Ukraine by Russia.
Bitcoin markets initially tried to rally but gave back quite a bit of the gains as the $40,000 level seems to be somewhat out of reach at the moment.
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Bitcoin markets initially fell on Tuesday but then turned around to show signs of life.
Bitcoin has broken significantly lower during the trading session on Monday to crash through the $40,000 level.
Bitcoin has broken down a bit during the trading session on Friday to test the $40,000 level.
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Bitcoin has shown itself to be wanting yet again, at the first signs of geopolitical problems.
Bitcoin markets initially tried to rally on Wednesday but gave up gains above the 50-day EMA.
Bitcoin rallied significantly on Tuesday as we are starting to see signs of life again in the crypto markets.