Bitcoin Price Analysis

Here at Bitcoinist we have a team of highly experienced cryptocurrency and bitcoin traders and technical analysts. Through their knowledge and experience we can offer the most accurate and up to date bitcoin price analysis for the rapid shifting markets.

Bitcoin price analysis is usually derived from technical and fundamental factors. On the technical side our traders and reporters analyze different time frame charts for bitcoin using indicators to determine levels of support and resistance, possible trend reversals, and breakouts and patterns. These are added to the chart to take a snapshot of current market conditions in an effort to predict the future direction.

Market sentiment is often driven by fundamentals which are news and events directly relating to bitcoin. News reporters will often use news such as increased regulation or new exchange listings or launches to determine whether bitcoin movements are bullish or bearish.

Marrying technical and fundamental analysis together gives us the best bitcoin price analysis available. Bitcoinist publishes seven days a week, 24 hours per day, so you can always get the latest price analysis and market updates.

bitcoin
Bitcoin Price

The Last Time This On-Chain Metric Was This Low, Bitcoin Surged 150%

Bitcoin’s price has been slipping lower over recent days and weeks. From the recent highs set just two days ago, BTC is down by around 2-3%. From the year-to-date highs set two...

Nick Chong | 4 hours ago
Bitcoin Price

This On-Chain Indicator Looks As It Did Prior to Bitcoin’s 2017 Rally

On a macro scale, Bitcoin has yet to break out. Despite surging around 20% in the past 1.5 months, the coin remains under crucial long-term resistances. One pivotal level analysts are...

Nick Chong | 19 hours ago
bitcoin
Bitcoin Price

These 3 Technical Signs Show Bitcoin Could Soon Reverse Lower

Bitcoin has surged higher since bottoming last week under $10,000. The coin now trades for $10,850, slightly shy of the local highs at $11,150. BTC seemingly remains in a bull trend as...

Nick Chong | 1 day ago
Bitcoin Price

These 10 On-Chain Signals Suggest Bitcoin Is Still Embroiled in a Bull Market

Key on-chain signals show that Bitcoin is still embroiled in a bull trend despite recent uncertainty in the cryptocurrency market. In fact, one blockchain analytics company recently...

Nick Chong | 2 days ago
ethereum
Bitcoin Price

If Bitcoin Enters a Full-Blown Correction, the Bottom Could Come at $7,100

Bitcoin is surging higher despite weakness in the altcoin market. The coin now trades at $11,000 as of this article’s writing, in excess of 10% above the lows. BTC is...

Nick Chong | 2 days ago
Bitcoin Price

Bitcoin Just Printed This Historically Bullish Uptrend Signal

Bitcoin may be poised to recover further despite weakness in altcoins. An analyst noted that BTC just bounced off a pivotal moving average. This moving average Bitcoin held multiple...

Nick Chong | 3 days ago
Bitcoin Holds $10.7K as Altcoin Market Bleeds; Two Reasons Why
Bitcoin Price

Bitcoin Holds $10.7K as Altcoin Market Bleeds; Two Reasons Why

Bitcoin held steady on Wednesday even as a majority of top alternative cryptocurrencies, or altcoins, plunged considerably. BTC/USD was up 0.3 percent to $10,816 per piece by 0423 GMT...

Yashu Gola | 3 days ago
Ethereum price
Bitcoin Price

Despite Altcoin Drop, This Analyst Thinks Bitcoin Is On Track for $11k

Bitcoin has dropped around $200 from the daily highs as sellers have stepped back in. The drop comes in spite of news that MicroStrategy, a Nasdaq-listed company, bought over $100m...

Nick Chong | 3 days ago
Bitcoin Price

This Chart Pattern Suggests Bitcoin Is on the Verge of a Macro Bull Trend

Bitcoin has undergone a strong drop since posting a number of highs near $12,000 in August. The coin now trades at $10,700 as of this article’s writing, nearly $2,000 before the...

Nick Chong | 4 days ago
Bitcoin Price

Bitcoin Analyst Sees BTC/USD Below $6K Despite Rally Sentiment

A rebound in the Bitcoin price this week lifted its short-term bullish sentiment, especially after it broke above a string of crucial technical resistance levels. Nevertheless, the...

Yashu Gola | 4 days ago
Bitcoin Eyes $11,000 as Focus Shifts to Wednesday's FOMC
Bitcoin Price

Bitcoin Eyes $11,000 as Focus Shifts to Wednesday’s FOMC

Bitcoin logged its best daily performance in more than a month this Monday as it traded in tandem with traditional markets. The benchmark cryptocurrency closed the New York session...

Yashu Gola | 4 days ago
Bitcoin price
Bitcoin Price

Technical Analyst Fears Stocks May Top Here — and That’s Bad for Bitcoin

Both Bitcoin and the stock market surged on Monday after a shaky past week. BTC is up 5% in the past 24 hours as it has pressed to weekly highs at $10,700. The S&P 500 and other...

Nick Chong | 4 days ago

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