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Bitcoin Analysis News

Bitcoin analysis is assessment of the cryptocurrency market in order to follow tendencies, make predictions and gain benefits from doing so. Cryptocurrency traders already have some approaches for this and one of them is by using Bitcoin technical analysis, which investigates all the backgrounds of cryptocoins, including price charts and trading volumes, with there being no difference in which kind of virtual currency is chosen. Using methods like this helps experts to make wiser trades of Bitcoin, to analyze market’s sentiment and to highlight major trends. In addition, there are also some special applications helping not only specialists, but also beginners to keep track of changes of Bitcoin in a convenient way, such as chart analysis, chain analysis, etc.
Market Analysis
The fractal setup appeared at the beginning of the Bitcoin price rallies in January 2019, January 2020, March 2020 and December 2020.
Bitcoin mining metric that has predicted every big BTC rally since 2020 is flashing again
Yashu Gola
2021-08-18T18:00:00+01:00
50161
Market Analysis
The statement appeared as a takeaway from Blockworks’ “Bretton Woods: The Realignment” conference that gathered economists, macro analysts and investors to disc...
Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods’ 50th anniversary
Yashu Gola
2021-08-17T13:00:00+01:00
13468
Market Update
Bitcoin’s fundamentals remain strong, but analysts have pinpointed $46,500 as the key level to reclaim as support in order to preserve the current uptrend.
Analysts say $46,500 is the key level for Bitcoin to flip to support
Jordan Finneseth
2021-08-16T22:35:00+01:00
16259
Market Update
Bitcoin’s price trades below $45,000, and analysts say the “almost uninterrupted run-up of the last two weeks” meant BTC was overdue for a slight correction.
Analysts say Bitcoin price ‘needed a breather’ before chasing new highs
Jordan Finneseth
2021-08-12T21:37:50+01:00
17591
Market Analysis
An on-chain indicator, notorious for spotting fake bullish breakouts during downside corrections, flashes again.
Bitcoin 'sell the rally' indicator flashes again as BTC price breaks below $45K
Yashu Gola
2021-08-12T16:01:59+01:00
18304
Altcoin Watch
The classic "double bottom" pattern's success rate of hitting its profit target lies around 78.55%.
XRP price chart 'double bottom' puts next bullish target at $1
Yashu Gola
2021-08-11T16:00:00+01:00
43180
Analysis
The dominance of Bitcoin transactions of values above $1 million has doubled year-over-year, hinting at a rising institutional involvement in the cryptocurrency...
Large hodlers accumulate Bitcoin below $50K as BTC transactions over $1M soar
Yashu Gola
2021-08-10T11:17:02+01:00
16376
Market Analysis
"If Bitcoin were to catch up to Ethereum's performance this year, the No. 1 crypto's price would approach $100,000," believes Mike McGlone, senior commodity str...
Ethereum could pave way for $100,000 Bitcoin, Bloomberg analyst asserts
Yashu Gola
2021-08-09T17:07:30+01:00
75733

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