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Bitcoin (BTC) Price Weekly Forecast: Risk Of Significant Downside Break
07/28/2019 06:30

After a short term upside correction, bitcoin price failed to surpass $10,200 against the US Dollar. The price formed a double top near the $10,200 level and declined below the $10,000 support. There is a crucial bearish trend line forming with resistance near $10,350 on the 4-hours chart of the BTC/USD pair (data feed from...

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Ethereum Price Weekly Forecast: ETH Bulls Facing Uphill Task
07/28/2019 05:28

ETH price remained supported above the $200 level and recovered slightly support against the US Dollar. The price climbed above $220, but it faced a strong resistance near the $225 level. Earlier, there was a break above a major bearish trend line with resistance near $212 on the 4-hours chart of ETH/USD (data feed via...

The post Ethereum Price Weekly Forecast: ETH Bulls Facing Uphill Task appeared first on NewsBTC.

Bitcoin Faces Weak Technicals, But Bank of China's Interest in BTC May Be Bullish
07/27/2019 22:30

Bitcoin (BTC) has been incurring significant selling pressure as of late that has caused significant damage to its technical strength. This selling pressure is coming in spite of some bullish fundamental developments that have occurred as of late, including the state-sponsored Bank of China offering what can be defined as a bullish outlook on Bitcoin....

The post Bitcoin Faces Weak Technicals, But Bank of China's Interest in BTC May Be Bullish appeared first on NewsBTC.

Heads of Billion Dollar Institutions Are Buying Bitcoin: Crypto Investor
07/27/2019 22:00

According to Anthony "Pomp" Pompliano, Bitcoin (BTC) is seeing inflows from the chief investment officers of some "multi-billion dollar institutions". Related Reading: Analyst: Crypto Markets Likely to Plummet 61% Before Next Bull Run Begins; Here's Why While this is not direct investment from funds — be it family offices, hedge funds, pensions, venture funds, or...

The post Heads of Billion Dollar Institutions Are Buying Bitcoin: Crypto Investor appeared first on NewsBTC.

Bitcoin Pullback Could Deepen, But Weakening Global Economy Could Bolster BTC
07/27/2019 20:30

Bitcoin and the aggregated crypto markets have been spiraling downwards after bull's attempt to bolster the markets yesterday faltered, leading to a continuation of the downwards pressure that BTC and other major cryptos have incurred over the past several weeks. Now, analysts are noting that there is a high probability that Bitcoin's recent pullback extends...

The post Bitcoin Pullback Could Deepen, But Weakening Global Economy Could Bolster BTC appeared first on NewsBTC.

Crypto Tidbits: Bakkt's Bitcoin Futures, Monex & Libra, Andrew Yang PAC Accepts BTC
07/27/2019 19:00

Another week, another round of Crypto Tidbits. Bitcoin price action-wise, this week was rather boring. BTC trended lower, with volatility actually reaching multi-week lows on most trading markets. However, the fundamental side of this industry saw a number of intriguing developments this week. These include the start of user testing for Bakkt's Bitcoin futures, a European...

The post Crypto Tidbits: Bakkt's Bitcoin Futures, Monex & Libra, Andrew Yang PAC Accepts BTC appeared first on NewsBTC.

Bitcoin Price Rejected Above $10,000, Will $9,000 Break Or Bounce?
07/27/2019 13:04

Bitcoin price has been on a wild ride throughout 2019, coming from bear market lows around in the $3,000 range all the way up to $14,000 before falling back below $10,000 and potentially looking at further downside if bulls cannot reclaim lost territory. This morning, Bitcoin price plummeted through $10,000 after a spike to $10,200...

The post Bitcoin Price Rejected Above $10,000, Will $9,000 Break Or Bounce? appeared first on NewsBTC.

Crypto Assets Tank, Lose 5% in Minutes as Bitcoin Fails to Hold $10,000
07/27/2019 12:31

Would you look at that — over the past 30 minutes, crypto assets have tanked. In a matter of about ten minutes, most large-cap altcoins, including Ethereum, XRP, and Litecoin, shed approximately 5% on average. The sell-off in the price of Bitcoin was the catalyst in this case, which in and of itself caught many...

The post Crypto Assets Tank, Lose 5% in Minutes as Bitcoin Fails to Hold $10,000 appeared first on NewsBTC.

FED Interest Rate Cut is Rocket Fuel For Bitcoin
07/27/2019 11:40

The ebb and flow of crypto markets continues into the weekend as another day of gains follows one of losses. Bitcoin crept back over five figures but dumped again an hour or so ago. Industry observers and analysts are of mixed opinion as to its next major move as a FED interest rate cut looms....

The post FED Interest Rate Cut is Rocket Fuel For Bitcoin appeared first on NewsBTC.

 
 


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