Analyst Sees Gold at $4K in 2020; What Does It Mean for Bitcoin?
An optimistic forecast for gold is making Bitcoin equally bullish, thanks to its erratically positive correlation with the crypto. Gold...
Bitcoin Price
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’s Network Momentum Has Stalled—Why It’s Not the End of the World
Bitcoin's network momentum, a metric that tracks on-chain volume, has stalled in recent months. Some see this trend as a...
Bitcoin Is On the Precipice of Losing Two Crucial Support Levels
Bitcoin's price action has been slow over recent weeks. This has allowed crucial technical support levels to catch up with...
As Long as Bitcoin Holds $10,500, Price Could Hit $11,200: Analyst
Bitcoin has stagnated at the local highs around $10,700 over the past few hours and days. The leading cryptocurrency remains...
Troubles for Bitcoin Grow as Analyst Spots “Potential Death Cross”
Bitcoin is on the verge of painting a Death Cross. The technical chart pattern–which forms after an asset's short-term moving...
Bitcoin’s Next Breakout Likely to Set the Mood Moving Forward
Bitcoin's price action has been extremely slow over recent weeks. The leading cryptocurrency has traded in between $10,000 and $11,000...
Bitcoin In Midst of “Losing Some Steam” as Crucial Support Levels Near
Bitcoin has pushed considerably higher since falling to $10,400 this week on news that BitMEX was being charged by the...
Bitcoin Forms Series of 5 Worrying Signals Despite Reclamation of $10,700
Bitcoin underwent a strong drop last week on news of BitMEX getting charged by the U.S. CFTC. The cryptocurrency fell...
