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 Miners Net Position Turns Positive: Is A Rally to New Highs Overdue?

After weeks of gut-wrenching volatility, the start of April has been much kinder to Bitcoin. Following a record-breaking $6.4b options expiry, Bitcoin’s price action has been far...

San Lee | 6 days ago
Bitcoin Price

Bitcoin Weekly Forecast: BTC/USD Does Not Want to Move Below $50,000

Now, Bitcoin trades above $55,000 following a modest downside correction from its weekend top of $56,640 (data from Coinbase).

Yashu Gola | 2 weeks ago
News

Bitcoin Bounces as $6.4B in Options Expire, Institutional Buying Slows Down: What’s Next? 

The past few weeks have been hard on crypto bulls, as Bitcoin and the broader crypto market continued to sell off. Since reaching an all-time-high of $61,500, Bitcoin plunged 16% in a...

San Lee | 2 weeks ago
Bitcoin

Bitcoin Continues Its Slump: Indicators Point to Further Correction Ahead

Bitcoin price remains nearly 10% below recent highs, as the major cryptocurrency continues its slump after early last week’s sell off. Since hitting a new all-time high of $61k, BTC...

San Lee | 2 weeks ago
News

Number of Addresses Holding Bitcoin Hits New All-Time High

There are now more active addresses than ever holding Bitcoin. After continuing to grow at a parabolic rate, the total number of non-zero Bitcoin addresses hit an all-time high of...

San Lee | 3 weeks ago
Bitcoin Price

Bitcoin Just Below All Time High: Analysts Indicate Room To Grow

On March 11th, Bitcoin reached $57k, just below its all-time high, after falling to a low of $43k in February. Today, the coin hit $62,000. With Bitcoin managing to regain the lost...

Alex Kyriakopoulos | 4 weeks ago
News

Bitcoin Reclaims $1 Trillion Market Cap: What’s In Store?

Earlier today, Bitcoin rose to its highest level since late February and regained its $1 trillion market cap. Recently, Bitcoin was unable to break key resistance at $50,000, as it...

San Lee | 1 month ago
Bitcoin

Cryptos Rally off Equity Markets and Institutional Interest

The Crypto market rose on Monday as new macro factors and institutional interest weighed in. Cryptos Recover from Selloff Following last week’s sell-off, Bitcoin and the broader...

San Lee | 1 month ago
bitcoin tulip mania
News

New Indicators Point to Bitcoin Sell-off Slowing Down

New Indicators Point to Bitcoin Sell-off Slow Down  As Bitcoin recovers from recent lows of $43,500, new indicators have shown that the sell-off may be slowing down. SOPR dips in...

San Lee | 1 month ago
Bitcoin Price

2 Key Reasons Why Analysts Expect a Strong Bitcoin Breakout Here

Bitcoin has finally begun to move higher after much consolidation over the past week. The cryptocurrency trades for $36,000, having moved 3% higher in the past day. The cryptocurrency...

Nick Chong | 2 months ago
Bitcoin
Bitcoin Price

All Eyes on the U.S. Dollar as Bitcoin Attempts to Recover

Bitcoin fell extremely hard over the weekend and into Monday after reaching $42,000 last week. The cryptocurrency’s drop came as the U.S. dollar index bounced around 0.7%. The...

Nick Chong | 3 months ago
Bitcoin Price

On-Chain Analyst Explains What Caused Bitcoin to Plunge from $38k to $30k

Bitcoin faced an extremely steep correction on Sunday and Monday after last week’s surge to new all-time highs. The cryptocurrency fell as low as $30,000 after peaking at $42,000...

Nick Chong | 3 months ago

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