Institutions Just Closed a Vast Majority of Their Bitcoin Short Positions: Data
Bitcoin is pushing higher after bottoming at $11,150 last week. The asset now trades for $11,650 as of this article's...
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 Is Printing a Textbook Bearish Reversal Pattern: $9,000s in Play
Bitcoin's recent rally has seemingly been bullish, bringing the asset above $10,500, then $11,500. As of this article's writing, the...
These 3 Factors Show Bitcoin Is Poised to Press Higher After $1,000 Drop
Bitcoin is pressing higher after plunging as low as $11,150 on Thursday. The asset now trades at $11,500 as of...
Here’s Why an Analyst Thinks Bitcoin Will Hit $12,000 Next Week
Bitcoin has pressed higher after the 3-4% correction on Thursday. As of this article's writing, the asset trades for approximately...
Here’s Why Bitcoin Could Dip to $9,400 Before Rocketing Higher Again
Bitcoin has flatlined in the $11,000s over the past few weeks as bulls and bears fail to establish a direction....
Bitcoin “Kills” Gold on a Risk Adjusted Basis: Macro Analyst
Bitcoin's recent price action has scared analysts. The cryptocurrency slipped around 3% even after Jerome Powell announced higher inflation expectations/targets....
Triple Repeat Fractal on Bitcoin Chart Hints Dip towards $10K
A triple repeat fractal warning on Bitcoin (Symbol: BTCUSD) hourly chart is pointing to a major price dip towards $10,000....
This Fractal Shows Bitcoin Will Flatline Around $11,000 For Two Weeks
Bitcoin now trades at $11,250 after peaking at $11,600 earlier today. The cryptocurrency has seen this volatility due to the...
