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 Could Face Deeper Correction After Dropping $2,000 From Highs

Bitcoin has sustained a strong correction since its $19,600 highs seen earlier today. The coin currently trades for $17,300, down approximately 12% from those highs. Some have...

Nick Chong | 3 hours ago
Bitcoin Price

Bitcoin Could Run to New Highs as BTC Forms Tweezer Bottom at $19,000

Bitcoin has undergone its latest leg higher just recently, pushing to $19,450 on top exchanges. The coin now trades for $19,150 after a slight retracement. Analysts remain bullish as...

Nick Chong | 1 day ago
Bitcoin Price

Top Industry Fund Managers Think Bitcoin Could Hit $100,000 This Cycle

Bitcoin has exploded nearly 100% higher in the past six weeks, rallying from the $11,000 range to $19,200 as of this article’s writing Speaking to the Canadian news outlet Globe...

Nick Chong | 1 day ago
Bitcoin Price

Analysts Don’t Know What to Think as Bitcoin Whipsaws Between $18k and $19k

Bitcoin has seen extreme intraday volatility over the past few days. In the past two days, the coin has traded at both $17,500 and $18,800. Analysts don’t know what exactly to...

Nick Chong | 2 days ago
Bitcoin Price

Bitcoin May Face Some Short-Term Selling Pressure as Coinbase Whales Deposit

Bitcoin has undergone some shaky price action after a push to $19,000 this past week. Ki Young Ju, CEO of Crypto Quant, recently said that the coin could face a correction in the days...

Nick Chong | 4 days ago
Bitcoin Price

Historically Accurate Analyst Calls for a Bitcoin Drop To $15,500-16,000

Bitcoin has exploded higher over the past few weeks amid mass institutional and retail buying pressure. There are some that are calling for a correction, though. A historically...

Nick Chong | 4 days ago
Bitcoin Price

On-Chain Analyst: Long-Term Bitcoin Holders Have Been Selling the Rally Since $13k

Bitcoin has undergone a strong rally over the past month as buyers rush in after the early 2020 crash. The price of the leading cryptocurrency currently trades for $18,600, which is...

Nick Chong | 5 days ago
Bitcoin Price

PayPal, Square, Others Crucial In Driving Bitcoin 70% Higher in a Month

According to Pantera Capital, one of the biggest funds in the crypto fund, the recent rally has been driven by the influx of retail investors buying Bitcoin. Per their projections...

Nick Chong | 6 days ago
Bitcoin Price

Rapper “Logic” Continues to Promote Bitcoin to 2.4m Followers on Twitter

Bitcoin has exploded higher over the past few days and past few weeks. It has rightfully drawn the attention of many investors and users that normally don’t dabble in this space...

Nick Chong | 7 days ago
Bitcoin Price

Analysts Expect Move to $20,000 High as Bitcoin Holds Key Supports

Bitcoin underwent a rapid correction last evening after the coin pressed as high as $18,500 on leading exchanges. Even still, analysts remain optimistic on the leading cryptocurrency...

Nick Chong | 1 week ago
Bitcoin Price

Game of Thrones Star Confirms First Bitcoin Purchase to 2.7m Followers

Bitcoin is once again going mainstream as it nears its previous all-time high at $20,000. The actress behind the Ayra Stark character of Game of Thrones recently bought Bitcoin...

Nick Chong | 1 week ago
Bitcoin Price

Macro Analyst “Can’t Imagine” Bitcoin Not Outperforming All Other Assets

Bitcoin has been the best-performing macro asset of 2020. Dan Tapiero, a prominent macro investor and a co-founder of firms like 10T Holdings and Gold Bullion Int., thinks this will...

Nick Chong | 1 week ago

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.