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

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 | 4 days 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 | 5 days ago
Bitcoin Price

Bitcoin Reclaims Key Support Level After Drop to $34,500

Bitcoin faced an extreme correction earlier today. Over the span of 12 hours, the cryptocurrency plunged from the $41,000 region to lows on spot exchanges close to $34,000 and lows on...

Nick Chong | 6 days ago
Bitcoin Price

Bitcoin Market Is In Bubble Phase, Says Economist on CNBC

Bitcoin remains up over 100% in the past six weeks despite the ongoing correction. Many think that BTC will continue higher in the weeks ahead. One market economist is bearish on...

Nick Chong | 2 weeks ago
Bitcoin Price

Bitcoin Price Shoots to $34,000 Despite Saturday’s Drop to $30,000

Bitcoin trades at $33,950 as of this article’s writing. The cryptocurrency traded above $34,000 just minutes ago and is attempting to consolidate around the current price points...

Nick Chong | 2 weeks ago
bitcoin price
Bitcoin Price

3 Key Reasons Why Bitcoin Price Just Exploded Past $32,000

Bitcoin moves past $33,500 for the first time ever after moving to $30,000 on new year’s day. BTC is now up by over 10% in the past 24 hours, pushing the altcoin market higher...

Nick Chong | 2 weeks ago
Bitcoin Price

Winklevoss Twins Double Down on $500,000 Bitcoin Call

Bitcoin has enjoyed an extremely strong rally over the past few months that has brought it from the $10,000 region to $29,000. Since the start of the year, the cryptocurrency is up...

Nick Chong | 2 weeks ago
Bitcoin Price

Bitcoin Sets Eyes on $30,000 After Logging Another Record High

Bitcoin careened to another record high on Wednesday amid concerns about this year's huge stimulus packages.

Yashu Gola | 2 weeks ago
Bitcoin Price

SkyBridge Capital Expects “Tidal Wave” of Capital to Hit Bitcoin

Bitcoin has undergone an extreme rally over the past three months, pushing to $28,000. BTC now trades for $26,500 even after a slight correction. Analysts believe that there will be a...

Nick Chong | 3 weeks ago
Bitcoin Price

Bitcoin Could Face a Pullback of 10-15%, Warns Exchange Exec

Bitcoin has undergone an extreme rally over recent months, pushing to $28,000. Some fear that a pullback is starting to brew as the market shows signs of being overbought on a...

Nick Chong | 3 weeks ago
Bitcoin Price

Long-Time VC Thinks Bitcoin Will Surge to $250,000 by End of 2022

Bitcoin has undergone an extreme rally since the October lows, pushing from $11,000 to $27,800 as of this article’s writing. Tim Draper thinks that BTC could hit $250,000 in the...

Nick Chong | 3 weeks ago
Bitcoin Price

A “Perfect Storm” of Bitcoin Demand Trends are Driving the Bull Run

Bitcoin has undergone an extremely strong rally over the past few weeks and months that has brought it from $10,000 to $24,000. The leading cryptocurrency currently trades for $23,000...

Nick Chong | 3 weeks ago

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