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 price
Bitcoin Price

Bitcoin’s Rallied 4,000% After This Signal Flashed in 2016. It’s Back Again

By definition, Bitcoin is still in a bear market. One analyst recently commented in reference to the chart below. “Allow me to explain: BTC hasn’t made a higher high in a full...

Nick Chong | 6 hours ago
Ethereum
Bitcoin Price

A Technical Cross That Sent Bitcoin 60% Lower Is Close to Forming

Save for the rejection at $9,500, Bitcoin has held up rather well on a macro scale over the past few days. As of the time of this article’s writing, the leading cryptocurrency...

Nick Chong | 9 hours ago
bitcoin
Bitcoin Price

U.S. Treasury Bonds Are Still on Track to Go Negative in Boost to Bitcoin

The Great Recession of 2008 spawned two things: Bitcoin and increasingly lower negative interest rates. To spur economic growth and ensure the stability of the macroeconomy, central...

Nick Chong | 12 hours ago
Bitcoin Price

Fund Manager: Selling Bitcoin to Buy Hot Altcoins Is “Super Risky”

There’s been a strong move by many Bitcoin investors over recent weeks to accumulate altcoins. The premise of many of these investments is that one can potentially garner more...

Nick Chong | 1 day ago
xrp
Bitcoin Price

This Single Price Level Could Make Bitcoin’s Price Action “Nasty”: Analyst

Stepping back from the recent volatility, Bitcoin remains in macro limbo. The leading cryptocurrency has not deviated from a 7% range over the past two to three weeks and a 15% range...

Nick Chong | 1 day ago
Bitcoin Price

Bitcoin Analyst Shares 4 Reasons Why the Altcoin “Party” Will End Soon

It’s been an explosive week for the altcoin market, but not for Bitcoin. As Bitcoinist has extensively covered over recent days, a number of altcoins have surged higher. This...

Nick Chong | 1 day ago
bitcoin price
Bitcoin Price

Crypto Research Firm Identifies 3 “Big” Bitcoin Bull Run Catalysts

When analyzing Bitcoin, many investors cast aside fundamentals and only focus on the price action. Hence, as the cryptocurrency market has stalled over the past two months, data has...

Nick Chong | 2 days ago
bitcoin price
Bitcoin Price

Gold Is Booming — and That Means Bitcoin Could Soon Break $10,000

While markets like Bitcoin and the S&P 500 have flatlined over recent weeks, gold has rocketed higher. As can be seen in the chart below, the precious metal has exhibited strength...

Nick Chong | 2 days ago
bitcoin, btcusd, btcusdt, xbtusd, cryptocurrency, crypto
Bitcoin Price

Bitcoin “Compression” Fractal from 2019 Hints Big Breakdown Ahead

Bitcoin is at risk of undergoing a significant breakdown as it consolidates inside a compressive technical pattern. The analogy surfaced as an analyst compared Bitcoin’s latest...

Yashu Gola | 2 days ago
bitcoin, btcusd, btcusdt, xbtusd, cryptocurrency, crypto, spx, dow, nasdaq, shcomp
Bitcoin Price

Poor Weekly Jobless Claims Hint at Another Bitcoin Price Plunge

Bitcoin rally came under the threat this Friday as the number of Americans filing for unemployment claims remains elevated. That, combined with a rising number of COVID cases amid...

Yashu Gola | 2 days ago
Bitcoin Price

Analyst Explains Why Bitcoin Is Trading Almost Exactly Like the S&P 500

On Wednesday, Bitcoin was pushing $9,500. The cryptocurrency had finally begun to rally after sustaining a dip to $8,900 on the weekend. Many said that BTC was poised to rally even...

Nick Chong | 2 days ago
Bitcoin price featured image
Bitcoin Price

The Last Time Bitcoin Formed These 3 Patterns, It Dropped 60% in a Week

Bitcoin has finally started to move higher after flatlining around $9,000 for over 10 days. During Wednesday’s trading session, the leading cryptocurrency moved as high as $9,475...

Nick Chong | 3 days ago