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

Fund Manager Thinks Bitcoin Is Primed to Rip Higher, Even After $1,000 Move

It’s been an explosive past 24 hours for the Bitcoin market. The leading cryptocurrency traded as high as $10,429 on Monday, surging higher as dozens of millions worth of short...

Nick Chong | 1 hour ago
bitcoin price
Bitcoin Price

Bitcoin Just Saw Its Biggest Breakout Ever, and That Means $10k Is Just the Start

It’s been an explosive past few days for Bitcoin. After tanking as low as $8,600 on the weekend before last, the cryptocurrency breached $10,000 just hours ago. On Bitstamp, BTC...

Nick Chong | 12 hours ago
Bitcoin Price

Bitcoin Closes May Candle Above Crucial Resistance, and That’s Big for the Bull Case

Just over an hour ago as of this article’s writing, Bitcoin closed the price candle for the month of May. This was a very important technical event for the cryptocurrency...

Nick Chong | 1 day ago
bitcoin
Bitcoin Price

Bitcoin Could Surge Past $10,000 as Ethereum “Hammers” Higher: Top Analyst

Bitcoin and the rest of the crypto market have performed extremely well over the past few days, bouncing 10% from last weekend’s correction lows. Though one cryptocurrency has...

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

Long-Term Bitcoin Outlook Is “Super-Bullish,” Says Analyst Who Called 2019 Bottom

Bitcoin remains far below the $20,000 all-time high it established at the end of 2017’s crypto mania. But this hasn’t stopped investors from being extremely optimistic...

Nick Chong | 3 days ago
bitcoin
Bitcoin Price

Bitcoin Monthly Close is 1 Day Away: Here’s the Level That May Trigger a Big Rally

In just a day, Bitcoin will close the May’s price candle. Analysts say that this close will be crucial for indicating in which direction the cryptocurrency market heads next...

Nick Chong | 3 days ago
bitcoin
Bitcoin Price

The Last Time This On-Chain Signal Was Seen, Bitcoin Rallied 2,000%

Bitcoin remains below key resistances, but this hasn’t stopped investors from becoming extremely bullish on the asset. Key on-chain data indicates that the propensity that...

Nick Chong | 3 days ago
bitcoin
Bitcoin Price

Analyst: Bitcoin Market Structure Looks Very Similar to $10,500 February High

Since bottoming at $8,600 over five days ago, Bitcoin has performed extremely well. The asset rallied as high as $9,650 on Thursday, liquidating dozens of millions of dollars worth of...

Nick Chong | 4 days ago
Ethereum bitcoin
Bitcoin Price

Ethereum Just Breached a Crucial Level, and That Means Bitcoin May Rip Higher

After days of stagnating, both Bitcoin and Ethereum have registered strong gains over the past 48 hours. While it is normally BTC leading the pack, this time, it’s ETH. The...

Nick Chong | 4 days ago
bitcoin sp 500 stock market great depression
Bitcoin

Beware of False Bottoms: Comparing Bitcoin and the S&P 500 to 1929’s Great...

A false bottom giving false hope ahead of the Great Depression is drawing comparisons to the current S&P 500, which has made the sharpest bear market recovery in history. Further...

Cole Petersen | 6 days ago
Bitcoin price featured image
Bitcoin Price

Bitcoin Bull Case Swells as White House Mulls China Sanctions Over Hong Kong

One of the biggest narratives in the Bitcoin market in 2019 was, tensions between China and the U.S. were pushing the cryptocurrency higher. As tensions between the two global...

Nick Chong | 6 days ago
Bitcoin Price

Why a Bitcoin Analyst “Doesn’t Understand” How People Are Still Macro...

Believe it or not, there remain traders that are macro bearish on Bitcoin. That’s to say, there are some investors that think the capitulation crash to $3,700 was not the worst...

Nick Chong | 1 week ago