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 bearish
Bitcoin Price

CNBC Analyst Explains Why He is Bearish on Bitcoin

Earlier this week CNBC Fast Money host Brian Kelly said he is short-term bearish on Bitcoin price based on a drop in daily active addresses. Does this mean BTC will drop lower? ...

Eustace Cryptus | 4 hours ago
Bitcoin Price

Bitcoin Panic Unwarranted But Ethereum Still ‘Ugly’ Below $200

The week has ended with reclamation of five figure prices by bitcoin. Some of the altcoins have been marginally dragged up with it, but many including Ethereum are still looking...

Martin Young | 2 days ago
bitcoin panic
Bitcoin Price

More Pain Predicted as Bitcoin Falls Below $10,000 Again

In a dip that matched last Friday’s, bitcoin fell back to $9,780 during Asian trading today. The trend has been clearly down this month and further losses have been predicted for BTC...

Martin Young | 3 days ago
moonshot rocket bitcoin
Bitcoin

Study Suggests Scarcity Could Drive Bitcoin Price to $60,000 by May...

Bitcoin price predictions have been coming thick and fast in recent months as the world’s top digital asset recovers from an almost year-long bear market. Some are just pie in the...

Martin Young | 4 days ago
bitcoin price bears roaring
Bitcoin Price

Another Slump For Bitcoin As Bear Market Indicators Loom

Bitcoin’s range bound pumps and dumps have become commonplace over the past six weeks. Another slide a few hours ago should not be cause for alarm then as BTC failed to register...

Martin Young | 4 days ago
bitcoin price rising wedge chart
Bitcoin Price

Altcoins Awakening This Monday as Bitcoin Breaks Resistance

As a new week begins in crypto land a different pattern is forming this Monday morning. After bitcoin spent most of the weekend consolidating above $10k, the altcoins are making all...

Martin Young | 6 days ago
bitcoin price will fly to usd 50000
Bitcoin

Bitcoin Price Will Go From $20,000 to $50,000 by 2021: Analyst

Economist and crypto analyst Alex Krüger believes that $20,000 won’t be the all-time high (ATH) bitcoin price for much longer. Expect Bitcoin Price to Hit $50,000 In a Twitter...

Osato Avan-Nomayo | 7 days ago
Bitcoin news weekly digest
Bitcoin

Sunday Digest: Bitcoin Price, Pantomime Season, More Craig Wright...

This week, US President, Donald J Trump, decided that he would like to buy Greenland, thereby completely surrounding the USA’s northern neighbor Canada. Denmark semi-politely...

Emilio Janus | 7 days ago
bitcoin price below usd $13,000
Bitcoin Price

3 Reasons Why Bitcoin Price Hasn’t Returned to $13,000

Despite the promises of crypto analysts and institutions like Goldman Sachs, Bitcoin price continues to hover around low 5 figures. What’s going on? After struggling to hold above...

Eustace Cryptus | 1 week ago
bitcoin price facing resistance
Bitcoin Price

Bitcoin Price In Uptrend But Facing Resistance Above $10,500

Bitcoin price has remained in five figures as we begin another weekend. There appear to be enough buyers in the high $9000 range to prevent the asset from falling further, and for the...

Martin Young | 1 week ago
bitcoin
Bitcoin Price

No Friday Feeling For Bitcoin As It Falls Back to Four Figures

A very short lived foray into four figures for bitcoin yesterday was over before it really began. The recovery showed all signs that there are just too many buyers lurking below $10k...

Martin Young | 1 week ago
bitcoin reversal
Bitcoin Price

Brandt’s Momentum Indicator Highlights Potential Bitcoin Reversal

Bitcoin’s market valuation has already made some surprising moves in 2019, outperforming both the NASDAQ Composite and S&P 500 (on a YTD basis) by a wide margin.  However, an...

Richard Cox | 1 week ago

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