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 Analysis: BTC Breaks $11,000 Support
Over the last 48 hours, Bitcoin price has broken support at $11,000 mentioned in my previous analysis and has since dropped back to support around $10,100. High selling volume...
Bitcoin Has A Wealth Distribution Problem – Or Does It?
Yesterday saw what was gearing up to be an interesting debate on whether Bitcoin has a problem with wealth inequality. Stemming from a statistic provided by Civic CEO, Vinny Lingham...
Bitcoin Price ‘Will Fill’ $8.4K Futures Gap, Says Crypto...
Bitcoin may sink to just above $8,000 in the short term in order to keep in line with its historical behavior, new crypto analysis suggests. BTC To Descend Below $9k? Currently...
Analyst Advises Ignoring Short Time Frames as Bitcoin is Going to...
Since its epic surge off the floor in early April, bitcoin has reached a level where it appears to be comfortable consolidating. This could continue for quite some time as one...
Goldman Sachs Sets Short-Term Bitcoin Price Target at $13,971
Goldman Sachs is predicting a new 2019 bitcoin price high of $13,971 once the current pullback is over. 30% Bitcoin Price Pullback — Another Buying Opportunity? In a note released to...
Bitcoin Closes Highest Weekly Candle in Over a Year
The weekend has been largely bearish for bitcoin price as it dumped 6% after a long period of consolidation. The move dropped BTC back to support, keeping it range-bound, but the...
Weekly Digest: Bitcoin Posts Gains, Becomes Valentine’s Gift
This week saw the 500th anniversary of Magellan setting sail to circumnavigate the globe. So how is Bitcoin doing on its path to global domination? Bitcoin Price: Another Net Positive...
Bitcoin Price On Track To Make Highest Weekly Close of 2019
Bitcoin has been range-bound since it broke into the $11,000 price zone at the beginning of the week. A look at the longer-term charts, however, paints a more bullish picture...
Bitcoin Is Now The 11th Largest Money In The World
As helpfully tweeted by the trader and analyst known as Rhythm, Bitcoin is now the 11th largest money/monetary supply in the world. That’s pretty impressive for a 10-year-old...
Bitcoin Flirts With $12,000 As Altcoins Get Crushed. Again
Bitcoin ventured back into the $12,000 realm briefly yesterday but could not hold on to gains there. A slight retreat has kept BTC in its range-bound channel, however, the majority of...
Bitcoin Technical Indicator Flashes ‘Buy’ as Uptrend...
A key Bitcoin price technical indicator has turned green again following almost a month of declines. The rally which started a week ago has gained momentum despite a minor pullback...
Bitcoin Price Holds Support as 4-Hour Golden Cross Forms
The euphoria as bitcoin price raced into the $12,000 zone was cut short yesterday as it dumped even faster. The minor retreat was halted by support and BTC appears to be slowly...