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.
Most Recent
The Bitcoin market rallied a bit on Wednesday heading towards the FOMC.
Bitcoin markets initially fell a bit on Tuesday but then turned around to show signs of life again.
Bitcoin markets have plunged quite drastically to reach towards the $33,350 level on Monday in the latest round of panic trading.
Top Forex Brokers
Bitcoin took a huge hit on Friday as the support has completely given up.
Bitcoin markets have bounced a bit during the trading session on Thursday to gain a little bit over 3%.
Bitcoin initially dropped a bit on Tuesday but found buyers to turn things around and show signs of life again.
Bitcoin markets initially tried to rally a bit on Tuesday, but then gave back gains to show signs of negativity yet again.
Bitcoin markets initially tried to rally on Monday, but then pulled back rather significantly to go looking towards the $42,000 level.
The Bitcoin market fell a bit on Friday before turning around and forming a bit of a hammer.
Bonuses & Promotions
The Bitcoin market has pulled back just a bit during the trading session on Thursday as we continue to see a lot of noisy behavior in general.
Bitcoin recovered quite nicely on Wednesday, gaining a little over 5% as the bottom looks to be trying to hold.
Bitcoin has rallied a bit during the course of the trading session on Tuesday to break above the top of the hammer that was printed on Monday.
Bitcoin markets fell again on Friday, as Bitcoin reached towards the crucial $40,000 level.
The Bitcoin market has reached towards the $43,000 level on Thursday, as we have broken down rather significantly.
Bitcoin rallied a bit on Tuesday as we continue to use the 200-day EMA as a bit of a magnet for price.