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

Eerie Fractal Predicts Bitcoin Will Cross Above $12k Again Very Soon

Bitcoin faced a steep rejection at $12,000 just 24 hours ago. The asset fell by $1,600 in the span of five minutes, liquidating hundreds of millions worth of long positions. Some...

Nick Chong | 6 hours ago
bitcoin, cryptocurrency, btcusd, xbtusd, btcusdt
Bitcoin Price

Macro Analyst Explains Why Shorting Bitcoin is a Bad Idea

Bitcoin is still bullish and could reverse its weekend losses in the coming sessions, according to Marc Principato of Green Bridge Investing. The macro analyst said late Sunday that...

Yashu Gola | 9 hours ago
Bitcoin price
Bitcoin Price

Bitcoin Flipping $11,500 Into Support Could Trigger a Move to $14,000

Bitcoin experienced a violent rejection at $12,000 on Saturday night. The move resulted in hundreds of millions worth of buy-side liquidations, then millions more on the sell-side on...

Nick Chong | 20 hours ago
Bitcoin price
Bitcoin Price

Bitcoin Crashed $1,400 in 5 Minutes, Liquidating $150M on BitMEX

Bitcoin just dove $1,400 in the past five minutes as bears have seemingly re-entered the cryptocurrency market. The digital asset hit $10,600 at the lows and has since rebounded to...

Nick Chong | 2 days ago
bitcoin price
Bitcoin Price

Here’s What Analysts Are Saying After Bitcoin Just Broke Past $12,000

Bitcoin has exploded past the $12,000 resistance for the first time in a year. This means that in the past seven days, the leading cryptocurrency is up by approximately 23%. This rally...

Nick Chong | 2 days ago
bitcoin
Bitcoin Price

Measure That Signaled “Prolonged” Bitcoin Runs Is About to Return

Bitcoin has seen extreme strength over the past seven days, gaining 21% against the U.S. dollar. As of this article’s writing, the leading cryptocurrency trades for $11,800 and...

Nick Chong | 2 days ago
Bitcoin price
Bitcoin Price

After Surging 20%, Bitcoin Should Have At Least 2 Legs Higher: Analysis

Bitcoin has continued to erupt higher after failing to break past $11,500 earlier this week. As of this article’s writing, the cryptocurrency is trading at $11,900. The asset is...

Nick Chong | 2 days ago
Bitcoin price
Bitcoin Price

An Eerie Fractal Predicts a Huge Altcoin Surge—But Bitcoin Could Stop It

The past week has seen Bitcoin and Ethereum explode higher while a majority of altcoins have plunged. On Monday alone, on the day BTC surged by approximately 10% in 24 hours, Bitcoin...

Nick Chong | 2 days ago
Bitcoin price
Bitcoin Price

Same Technical Signal That Predicted Bitcoin’s 250% 2019 Rally Returns

Bitcoin is up approximately 20% in the past seven days as it pushes $11,400 for the second time in the past week. Bulls are seemingly in control as the cryptocurrency remains above the...

Nick Chong | 3 days ago
Bitcoin
Bitcoin Price

Derivatives Data: Investors Think Bitcoin Will Continue Higher After 20% Surge

Despite the pullback from the Monday highs, Bitcoin remains above key resistance levels. As of this article’s writing, the leading cryptocurrency trades for $11,300. There are...

Nick Chong | 3 days ago
bitcoin price
Bitcoin Price

Bitcoin Looks Structurally Similar to Start of Rally to $20,000: Analyst

Despite the surge over the past few weeks, not all analysts are convinced Bitcoin is in a full-blown bull market. There remain commentators who argue that this move may just be a range...

Nick Chong | 3 days ago
Bitcoin price
Bitcoin Price

Textbook Bull Pattern Predicts Bitcoin Could Hit $14,000 in October

Bitcoin has pulled back after the explosion higher on Monday. The asset now trades at $10,900 as of this article’s writing, five percent shy of the local highs. A textbook bull...

Nick Chong | 3 days ago

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