Bitcoin Breaking Below These Two Levels May Suggest the Bull Trend Is Over
Bitcoin has struggled over recent days, falling below the pivotal supports at $11,500 and $11,700. As of this article's writing,...
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.
Analyst Who Predicted 2018’s Bottom Predicts Bitcoin Could Hit $13,000
Bitcoin has seen a strong retracement since the Monday highs of $12,500. As of this article's writing, the leading cryptocurrency...
Why a Bloomberg Analyst Thinks Bitcoin Is “Tilted” Towards Rallying Even Further
Bitcoin's rally has stalled after hitting $12,500 on Monday. As of this article's writing, the price of the leading cryptocurrency...
This Fractal Suggests Bitcoin Will Fall Towards $11,000 Before a Next Leg Higher
Bitcoin has managed to stave off a further decline after bouncing off $11,600 on Wednesday. As of this article's writing,...
Going Digital: Bitcoin Beats Gold and Silver In Year-To-Date Returns
As the dollar struggles and weakens due to the devastating blow dealt by the pandemic, there's a battle going on...
Here’s Why Analysts Remain Bullish After Bitcoin Slipped Below $12,000
As reported by Bitcoinist previously, Bitcoin suffered a correction after peaking above $12,400 on Monday. The cryptocurrency has since suffered...
Bank of America’s Latest Gold Survey Hints Trouble for Bitcoin; Here’s Why
Bitcoin remains one of the best-performing assets this year, now sitting atop more than 60 percent gains. The benchmark cryptocurrency...
Bitcoin May Be Poised to Bounce After $800 Correction Due to These 4 Reasons
Bitcoin has undergone a stark correction since the ~$12,400 peak on Monday. As of this article's writing, the leading cryptocurrency...
