From crypto advocates to former skeptics, pundits are outdoing themselves to predict ever higher prices for Bitcoin.
Price Analysis News
Price analysis is the ongoing process of cryptocurrency traders and analysts finding patterns in the market to determine optimal trading strategies and gauge market sentiment for the cryptocurrency market at large or for specific assets such as Bitcoin (BTC), Ether (ETH), XRP, Litecoin (LTC), etc.
The two main indicators that are sought after are whether or not the market is bullish with upward-trending price action or bearish with downward pressure on price.
Price analysis techniques vary and are often used in unison to provide as detailed a perspective of market conditions as possible. Traders may analyze a cryptocurrency’s volume in relation to its price or use candlestick charts to gauge market sentiment on a daily basis.
The tools and techniques of price analysis are ultimately the means of spotting patterns at the micro and macro levels as indicators of overall industry growth.
Bitcoin has failed to break above $52,000, which suggests more downside is possible in the short term.25114
Now that Bitcoin price has flipped $50,000 back to support, small and large-cap altcoins are gearing up for a move higher.36185
Bitcoin and most major altcoins are witnessing strong buying at lower levels, indicating the start of a relief rally.53460
Bitcoin’s correction is accelerating, but a bounce off the 50-day moving average could give altcoins reason to rebound off lower support levels then move higher.58771
Bitcoin is showing signs of weakness as February draws to a close.45465
BCH price has decreased by over 96% in value against BTC over the past three years.17843
Bitcoin price is attempting to flip the $50,000 level back to support, while many altcoins are capitalizing on BTC's consolidation by moving higher.62624
Bitcoin price dropped below $48,000 in a major correction on Monday right before the U.S. market open.47988
Select altcoins continue to move higher as traders attempt to push Bitcoin price to $60,000.60904
It’s important for Bitcoin to hold above $50,000 for more upside.31568
The price of Bitcoin keeps climbing higher, but one key support level must hold for the rally to continue.45593
Icon, Ravencoin and Lisk have major events coming up that could boost prices higher.47697
The sharp recovery in major altcoins and Bitcoin suggests the uptrend remains intact.94890
Privacy coins such as Monero, Dash and Zcash are beginning to show signs of life.21367