Bitcoin fell rather hard during trading on Thursday, as we continue to see a lot of noise in this marketplace.
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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 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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Bitcoin markets rallied again during the day on Monday to kick off the week, as we continue to grind above the crucial $4000 level.
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Bitcoin rallied slightly during the trading session on Tuesday, as we are sitting above the 50 day EMA.
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Bitcoin markets rallied slightly during the trading session on Wednesday as we continue to see a quiet rally form.
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Bitcoin markets rallied again during the trading session on Tuesday, closing the end of the New York session close to the $4000 level.
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Bitcoin markets rallied during the trading session on Monday, breaking above the $4000 at one point.
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Bitcoin rallied significantly during the trading session on Friday, but unlike many of the other rallies that we have seen lately, we actually kept the gains towards the end of the day.
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Bitcoin rallied during the trading session on Tuesday, heading back towards the 50 day EMA, which is exactly where we fell from on Monday.
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Bitcoin markets fell hard during the day on Monday to kick off the week, as we continue to see an overall negative bias.
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The bitcoin market rallied slightly during the trading session on Friday, as we continue to dance around the 50 day EMA.
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Bitcoin markets went back to doing nothing during the trading session on Wednesday, as we continue to dance around the 50 day EMA.
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The bitcoin markets rallied a bit initially during the day but then rolled over slightly to essentially do nothing overall.
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