Markets and Prices

There are few things that move as fast as bitcoin markets and prices. Many label this extreme volatility as a plague for the digital currency but traders see it as an opportunity to make money swing trading. In order to get the latest bitcoin and market prices analysts use various online sources such as charting platforms and news outlets, like Bitcoinist, to gauge fundamentals and market sentiment. Bitcoin prices are effectively determined by demand and this is partially driven by fundamental events such as regulatory news, large institutional interest, new crypto and bitcoin investment products, governmental restriction, crypto exchange expansion and core developments to the underlying blockchain technology. These can all have an impact on market sentiment and bitcoin prices. Bitcoinist also covers technical analysis which delves into mathematical indicators of price direction and aims to predict future movements by taking a snapshot of current bitcoin market conditions. Our analysts have been in the crypto and forex industries for years and are highly experienced in reading charts and plotting predictions.