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

Signal That Marked Start of Bitcoin’s 2015 Bull Run Just Hit a New High

With Bitcoin being range-bound for nearly the past two months, it’s been easy for investors to revert to a bearish mindset. Nothing shows this as well as the funding rates of BTC...

Nick Chong | 1 week ago
Bitcoin Price

A U.S. Stimulus-Backed Rebound Could Fuel a Bitcoin Bull Rally: Here’s Why

Bitcoin kicked off this week with a modest move higher, rising 0.78 percent as of Monday’s close. The gains followed a sharp sell-off last week as traders pinned their hopes on a...

Yashu Gola | 1 week ago
bitcoin price
Bitcoin Price

Bitcoin May Hit $10,500 “Sooner or Later,” Boosting Case for Upside

It’s been a tough past few days for Bitcoin traders. After holding ~$9,400, the cryptocurrency temporarily slipped under $9,000 on the weekend. In the process, dozens of millions...

Nick Chong | 1 week ago
Bitcoin cooked
Bitcoin Price

Analyst Who Predicted 2018’s $3k Bottom Says Bitcoin Looks “Cooked”

Save for a few blips here and there, Bitcoin has more or less tracked equities over recent months. The below image from Charles Edwards, a digital asset manager, shows this...

Nick Chong | 1 week ago
Bitcoin Price

Converging Bitcoin Indicators See Price Stagnant at $8,000s Until Sept 2020

Risks of Bitcoin price moving towards $8,2000 in the next quarter are growing, per two historically accurate technical indicators. The benchmark cryptocurrency has been trending...

Yashu Gola | 1 week ago
Bitcoin price featured image
Bitcoin Price

Peter Schiff: Bitcoin Won’t “Even Come Close” to Its $20k High This Year

It’s been a strong past few months for both Bitcoin and gold. The leading cryptocurrency is up more than 150% from its March low while the precious metal has gained 15%. Both...

Nick Chong | 1 week ago
bitcoin price
Bitcoin Price

No, Bitcoin Breaking Below $9k Was Not a Bearish Breakout: Analyst

On Saturday, Bitcoin finally broke below $9,000 after a week of consolidation. When the asset slipped under this level, more than $20 million worth of longs on BitMEX were liquidated...

Nick Chong | 1 week ago
bitcoin price
Bitcoin Price

3 Fundamental Reasons Why Bitcoin Is Bullish After Drop Under $9k

On Saturday, Bitcoin decisively dipped under $9,000, reaching lows not seen in over a week. It was a move that liquidated dozens of millions of dollars worth of longs, shaking bulls...

Nick Chong | 1 week ago
bitcoin price
Bitcoin Price

There’s a Chance Bitcoin Won’t Break $10k Until Next Year: Analyst Explains

Bitcoin has been coiling for a breakout over the past few weeks. The cryptocurrency has traded in the low-$9,000s, stuck between heavy support at $8,500 and heavy resistance at...

Nick Chong | 2 weeks ago
bitcoin price
Bitcoin Price

Traders Say Bitcoin Looks Like 2020’s High. Key Data Begs to Differ

At the start of June, Bitcoin saw a crucial rejection at one of the most pivotal price levels: $10,500. After surging to that region, the cryptocurrency plunged by $1,000 in the days...

Nick Chong | 2 weeks ago
bitcoin, btcusd, cryptocurrency, xbtusd, btcusdt
Bitcoin Price

How Bitcoin Would React to Massive $1B Options Expiry Today

Bitcoin options contracts with a notational value worth $1 billion will expire on Friday across several derivatives exchanges. Observers anticipate the record expiration to wake...

Yashu Gola | 2 weeks ago
bitcoin
Bitcoin Price

These 3 On-Chain Levels Will Provide Bitcoin With Support as Price Crashes

Bitcoin’s strength didn’t last for long. After attempting to run past the resistance around $10,000 on Monday, the cryptocurrency strongly reversed. On Wednesday, BTC fell...

Nick Chong | 2 weeks ago