Bitcoin Trading

Bitcoin trading provides the ebb and flow of cryptocurrency markets. Without a vibrant trading scene the asset would remain flat and lifeless. Many have attributed the volatility in bitcoin prices to the reason why it has yet to be adopted on a larger scale as a digital currency.

But with volatility comes greater opportunity for bitcoin trading and making profits. Bitcoin is largely a speculative asset at the moment but this will change with greater adoption and more institutional investment products. The volatility on trading markets is a natural part of bitcoin’s price cycles at the moment and it is only a decade old.

Bitcoinist has a dedicated team of analysts that have been in the forex and crypto markets for years, having gained experience in reading charts and plotting price predictions. Technical analysis can make the bitcoin trading process easier for the inexperienced as market sentiment and price direction often behaves in accordance with analytical indicators on trading charts.

bitcoin price falling wedge
Trading

Bitcoin Price Analysis: Falling Wedge Spotted At $10,000

Bitcoin price levels quickly bounced off the triangle support at $9,400 back up to just below $11,000 at the beginning of September. Since then BTC has formed a falling wedge and looks...

Smith | 2 weeks ago
bitcoin price drop to $9000
Bitcoin Price

Bitcoin Price Could Drop Below $9000 Sans Buy Pressure

Following a week or so of relative inactivity in the mid $10k level, bitcoin price has broken down through support today. The asset has traded in five figures for the best part of this...

Martin Young | 2 weeks ago
binance coin BNB reversal
Trading

Binance Coin Price Analysis: BNB Could Attempt Reversal To $26

Binance coin has created three lower lows between now and June as price action loses close to 50% of its value. Further downside is expected, however, signs of a reversal could be...

Smith | 2 weeks ago
Bitcoin
Trading

Bitcoin Price Analysis: Bullish Divergence Causes Price Levels To...

Bitcoin bounced right off of the key triangle support on all time-frames at $9,350 on the 30th of August causing bullish divergence to play out. Since then price levels have pumped to...

Smith | 3 weeks ago
bitcoin price bull trap
Bitcoin Price

Bitcoin Shoots To $10,450, But Is It Another Bull Trap?

Yet again the king of crypto has bounced back over $10,000, adding 6.5% on the day. The move signals a continuation of the consolidation for bitcoin price but analysts are aware that...

Martin Young | 3 weeks ago
Bitcoin price support
Trading

Bitcoin Price Analysis: $9,400 Key Support Holds For Now

Bitcoin’s volatility has drastically decreased over the last few weeks as price action unfolds close to key support at $9,400. This key support line creates the bottom of the...

Smith | 3 weeks ago
bitcoin price bulls bull run
Trading

Bitcoin Price Analysis: $10,000 Sees Bulls Accumulating

Since the recent drop from $11,000 t0 $9,800 as outlined in my previous analysis on BTC, price levels have created an asymmetrical triangle and will see a breakout next week. Bitcoin...

Smith | 4 weeks ago
bitcoin price is rallying again
Bitcoin Price

Bitcoin Hits Five Day High as Monday Trading Renews Optimism

Bitcoin has spent most of the weekend just clinging on to levels above $10k but failing to make any progress there. Yet again trading in Asia has driven momentum this Monday morning as...

Martin Young | 4 weeks ago
bitcoin price bearish
Bitcoin Price

CNBC Analyst Explains Why He is Bearish on Bitcoin

Earlier this week CNBC Fast Money host Brian Kelly said he is short-term bearish on Bitcoin price based on a drop in daily active addresses. Does this mean BTC will drop lower? ...

Eustace Cryptus | 4 weeks ago
bitcoin and crypto trading
Trading

Bitcoin Price Analysis: Bullish Divergence Forms At $10K, is $11K...

Bitcoin breaks 5-day long up-trend, dropping back to key support levels at $9,800. Since then bullish divergence appears to have formed on lower time-frames and could spur a reversal...

Smith | 1 month ago
bitcoin price analysis
Trading

Bitcoin Price Analysis: BTC Rally Set For $12,000 Next Week

Over the last 5 days, Bitcoin has bounced off the 0.382 Fibonacci level as mentioned in my previous analysis. Since then price levels have risen sharply testing resistance just shy of...

Smith | 1 month ago
Bitcoin
Trading

Bitcoin Price Analysis: Rising Wedge Could Drive BTC to $8.8K

Bitcoin can be seen bouncing off the 0.382 Fibonacci level around $9,600 as price action visibly creates an ascending wedge. Many bearish indicators point towards a break-down and...

Smith | 1 month ago

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