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Bitcoin Price (BTC/USD) Correcting Gains, Dips Remain Supported
08/01/2019 07:00

Bitcoin price climbed higher recently and broke the $10,000 resistance area against the US Dollar. The price retested the $10,200 resistance area and it is currently correcting lower. There was a break below a short term ascending channel with support near $10,020 on the hourly chart of the BTC/USD pair (data feed from Kraken). The...

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Crypto Market Cap & Bitcoin Climbing Higher: BCH, Litecoin, ADA, TRX Analysis
08/01/2019 06:00

The total crypto market cap extended gains and broke the key $260.0B resistance area. Bitcoin price gained more than 3% and broke the $10,000 resistance area. Litecoin (LTC) price climbed higher and recently tested the $100.00 resistance area. BCH price is correcting gains and it could revisit the $315 support level. Tron (TRX) price is...

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Ripple Price (XRP) Primed For More Gains, BTC Signaling Uptrend
08/01/2019 05:08

Ripple price extended gains and traded above the $0.3220 resistance area against the US dollar. The price topped near the $0.3240 level and it is currently correcting gains. There is a short term bullish trend line forming with support near $0.3160 on the hourly chart of the XRP/USD pair (data source from Kraken). The price...

The post Ripple Price (XRP) Primed For More Gains, BTC Signaling Uptrend appeared first on NewsBTC.

Ethereum Price (ETH) Sighting More Upsides, Bitcoin Breaks $10K
08/01/2019 04:08

ETH price climbed higher steadily and broke the $215 resistance area against the US Dollar. The price topped near the $220 level and recently corrected below $215. There was a break below an ascending channel with support at $216 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains well bid on...

The post Ethereum Price (ETH) Sighting More Upsides, Bitcoin Breaks $10K appeared first on NewsBTC.

Dow Jones Drops After Fed Rate Cut, What's This Mean for Bitcoin?
08/01/2019 02:00

July was yet another strong month for the stock markets despite looming threat of a coming economic recession, with the Dow, Nasdaq, and S&P 500 all close to beating out their average monthly gains for the calendar month. Bitcoin, however, has spent much of July locked in a downtrend. This morning as the Fed monetary...

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Market Sentiment Swings as Bitcoin Taps $10,000, But Strong Resistance Remains Ahead
08/01/2019 01:00

Bitcoin (BTC) and the aggregated crypto markets incurred a sudden influx of buying pressure yesterday that allowed them to climb significantly higher. This upwards momentum came about after a long period of downwards pressure that had jeopardized the upwards momentum that the markets had incurred throughout the first half of 2019. Analysts are now noting...

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First Physical Bitcoin Future Hits U.S. Market as Institutional Bakkt Hype Swells
07/31/2019 23:00

Although the crypto industry has been closely watching to see when the highly anticipated physically settled Bitcoin (BTC) futures platform Bakkt officially launches, they have now been beaten by their competitor – LedgerX – who officially launched today. The platform is open to all US-based investors with a government issued ID and is not limited...

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UK Regulators: Beware of Crypto Assets, They Lack "Intrinsic Value"
07/31/2019 22:00

The United Kingdom's Financial Conduct Authority (FCA) has warned the public that is should beware of investing in crypto assets. The regulator states that digital currencies like Bitcoin and Ethereum have no intrinsic value and therefore offer a high level of risk. The comments come as part of the FCA's newly-published guidelines for companies operating...

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Bitcoin NVT Ratio: Top Predicting Signal Hits Highest Peak, Is a 50% Drop Ahead?
07/31/2019 21:00

Bitcoin price is at a critical junction, with either a major bull run ahead or a deeper correction that could mean the bear market hasn't yet ended. A powerful indicator called the NVT ratio – designed by one of the crypto community's best and brightest – has been used to time the tops and bottoms...

The post Bitcoin NVT Ratio: Top Predicting Signal Hits Highest Peak, Is a 50% Drop Ahead? appeared first on NewsBTC.

Bitcoin Price Rejected From $10K, Or the Start of a Bullish Reversal?
07/31/2019 15:44

This morning, July 31, 2019 Bitcoin price soared from lows around $9,500 to a local high of $10K before the leading crypto asset by market cap took a short pause. Bears have been in control ever since Bitcoin price was rejected from $13,800, and has struggled to maintain the bullish momentum it has had behind...

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