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Bitcoin (BTC) Price Technical Bias Favors More Downsides
08/13/2019 07:00

Bitcoin price is struggling to climb above the $11,500 and $11,600 resistances against the US Dollar. The price is holding the key $11,200 support, but it remains at a risk of more downsides. There are two key bearish trend lines forming with resistance near $11,400 and $11,600 on the hourly chart of the BTC/USD pair...

The post Bitcoin (BTC) Price Technical Bias Favors More Downsides appeared first on NewsBTC.

Crypto Market and Bitcoin Near Crucial Juncture: BCH, EOS, TRX, ADA Analysis
08/13/2019 06:00

The total crypto market cap is testing a strong resistance near the $292.0B level. Bitcoin price is facing a couple of important hurdles near the $11,500 level. EOS price is moving lower and is about to test the key $4.000 support area. BCH price is struggling to hold gains and it could revisit the $320...

The post Crypto Market and Bitcoin Near Crucial Juncture: BCH, EOS, TRX, ADA Analysis appeared first on NewsBTC.

Ripple Price (XRP) Struggling To Recover Amid Negative Sentiment
08/13/2019 05:08

Ripple price struggled to climb above the $0.3060 level and recently declined against the US dollar. The price is trading with a bearish angle below the $0.3020 and $0.3010 levels. XRP/USD is about to break a connecting bullish trend line with support near $0.2995 on the hourly chart (data source from Kraken). The pair is...

The post Ripple Price (XRP) Struggling To Recover Amid Negative Sentiment appeared first on NewsBTC.

Ethereum Price (ETH) Resumes Decline, Bears Eye Fresh Lows
08/13/2019 04:08

ETH price failed to surpass the key $215 resistance area and declined again against the US Dollar. Ethereum price is now trading below the $214 level with a bearish angle. Yesterday's highlighted key ascending channel with support near $213 was breached on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely...

The post Ethereum Price (ETH) Resumes Decline, Bears Eye Fresh Lows appeared first on NewsBTC.

Justin Sun Claims Getting Tron Listed on Major US Exchange is a Priority, But Are Investors Losing Faith?
08/13/2019 01:00

Tron has been facing a turbulent past few months, with multiple rumors and news developments contributing to its recently incurred volatility. Notably, Tron is not currently available on any major US exchange platforms, like Coinbase, but the project's founder Justin Sun is now noting that getting the crypto listed on a platform like Coinbase is...

The post Justin Sun Claims Getting Tron Listed on Major US Exchange is a Priority, But Are Investors Losing Faith? appeared first on NewsBTC.

Goldman Sachs Predicts US-China Trade War to Continue into 2020, Will It Benefit Bitcoin?
08/13/2019 00:00

Economists at global investment bank Goldman Sachs believe there to be no end in sight to the ongoing US-China trade war. Although damaging to economic interests in both nations, the lack of resolution may well be bullish for Bitcoin. The cryptocurrency has historically performed well at times of heightened geopolitical tension. This is due to...

The post Goldman Sachs Predicts US-China Trade War to Continue into 2020, Will It Benefit Bitcoin? appeared first on NewsBTC.

Does Continuous Decline of Ethereum Against Bitcoin Spell Doom for Altcoins?
08/12/2019 23:00

Bitcoin and the aggregated crypto markets have been caught in the throes of volatility as of late, and although this volatility has mostly proven to be bullish for Bitcoin, it has largely been devastating for altcoins like Ethereum. Now, one analyst is noting that Ethereum's decline against Bitcoin may signal that further weakness is imminent...

The post Does Continuous Decline of Ethereum Against Bitcoin Spell Doom for Altcoins? appeared first on NewsBTC.

Argentine Peso Tanks Hard, Could it be Bullish for Bitcoin?
08/12/2019 22:00

Bitcoin, the world's number one cryptocurrency by market capitalisation, has been championed by many as a suitable hedge against the often-reckless and self-serving economic policies of governments. This includes episodes of currency devaluation caused by the very threat of such policies. Such is happening right now in Argentina. Today, the national currency, the peso, has...

The post Argentine Peso Tanks Hard, Could it be Bullish for Bitcoin? appeared first on NewsBTC.

Altcoin Apocalypse: Only Two of Top Ten Crypto Cap Have Outperformed Bitcoin
08/12/2019 21:00

The further Bitcoin has climbed, the worse the altcoin market has suffered, to the point many are calling for an altcoin apocalypse that takes the price of most crypto assets to zero, except for Bitcoin and a select few that still provide value and utility. Of the top ten crypto assets, only two altcoins have...

The post Altcoin Apocalypse: Only Two of Top Ten Crypto Cap Have Outperformed Bitcoin appeared first on NewsBTC.

After Bullish Weekly Bitcoin Price Close, Bearish Factors Force Downside Targets
08/12/2019 21:00

Last night saw the weekly close in Bitcoin price charts. All eyes were on the important weekly close, as Bitcoin price hovered right around weekly resistance that has kept Bitcoin in a downtrend since the start of 2018 – a downtrend that the leading crypto asset is very close to finally breaking out of for...

The post After Bullish Weekly Bitcoin Price Close, Bearish Factors Force Downside Targets appeared first on NewsBTC.

 
 


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