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Bitcoin (BTC) price analysis
Aiming to provide accurate and actionable information to its broad reader base, NewsBTC delivers regular bitcoin analysis made by seasoned experts in the field.
The benefits of bitcoin technical analysis are plentiful. Perhaps one of the biggest benefits of timely technical analysis is the fact that it helps investors, as well as traders, predict the market trend.
Sideways moves, uptrends, downtrends - all of them can potentially be predicted by a thorough, well-researched latest bitcoin analysis.
Additionally, bitcoin price analysis could essentially help the investor or the trader determine the best and most profitable entry and exit points. When it comes to trading, timing is critical. With the help of well-made bitcoin technical analysis, one can potentially determine the best time to enter and to exit a trade, thereby allowing for better returns.
All of the above aside, a BTC price analysis provides a lot of precious information, helpful for both short term trading and long term investing. Technical charts give a lot of insights which can help traders and investors enter the right positions at the right time.
“Holy Cow”: Industry Reacts to Bullish Bitcoin Analysis by JP Morgan
Bitcoin has seen a strong uptick in institutional adoption over recent weeks and months amid the worst economic trends in many decades. Wall Street analysts think that the asset may...
Bitcoin Could Rocket if It Closes Its Monthly Candle Above This Key Level
Bitcoin is currently consolidating within the lower-$13,000 region as bulls move to control its near-term price action. It has been struggling to break above $13,200 ever since it was rejected...
Bloomberg Intelligence Strategist Hints At Bitcoin Bull Run In 2021
Earlier in 2020, Bloomberg Intelligence claimed Bitcoin would soon reach $12,000 and would be a primary beneficiary in the post-pandemic world. The prediction coming true has the analyst who made...
3 Crucial Reasons Why Bitcoin Shot $1,500 Higher This Past Week
Bitcoin has shot around $1,500 higher over the past week, reaching a weekly high of $13,200. The price of the leading cryptocurrency has dropped slightly to $12,900 as of this...
Bitcoin Could Be Just One Week Away From A New Monthly All-Time High Close
Bitcoin is just over one week away from the October monthly close, taking place on Halloween night. Although the night is known for candy, scarces, and tricks, if the leading...
Social Volume Surrounding Bitcoin Suggests Its Uptrend is About to Slow
Bitcoin’s intense multi-day uptrend is slowing as the cryptocurrency reaches $13,000. A confluence of positive news regarding BTC’s adoption amongst corporations helped drive this recent push higher, but it remains...
Bitcoin Weekly Technical Setup Shows a Clear Price Target: $19,030
A long-term outlook of the Bitcoin market shows its price hitting $19,030 in the coming sessions. According to a setup presented by one TradingView contributor, the world's leading cryptocurrency is...
TA: Bitcoin Short-term Pullback Could Be Attractive To The Bulls
Bitcoin price extended its rise and traded to a new monthly high near $13,200 against the US Dollar. BTC is currently consolidating gains and dips are likely to remain attractive....
Bitcoin Price Forms Highest Daily Close Since January 2018
Bitcoin has undergone a strong surge over recent days, surging from under $12,000 to $13,000 as of this article's writing. Analysts are starting to expect even more upside as the...
Crypto Analyst: Altcoins To “Tank” While Bitcoin Runs For All-Time High
Bitcoin price exploded yesterday, sending altcoins reeling. Today, however, alts have recovered but still haven't caught up to the top cryptocurrency. One crypto analyst, comparing past market cycles, believes that...
