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Bitcoin (BTC) Price Final Target But Decline Far From Over
08/15/2019 07:00

Bitcoin price remained in a bearish zone and even dropped below $10,000 against the US Dollar. The price is now trading well below the $10,200 level and it could continue to slide. There is a key bearish trend line forming with resistance near $10,150 on the hourly chart of the BTC/USD pair (data feed from...

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Bitcoin & Crypto Market Cap Nosedived: LTC, BNB, BCH, TRX Analysis
08/15/2019 06:00

The total crypto market cap extended its decline and broke the key $265.0B support area. Bitcoin price is down more than 5% and it tested the $10,000 support area. Binance coin (BNB) price broke the key $28.50 support level to move into a bearish zone. Litecoin (LTC) price is down 10% and it broke the...

The post Bitcoin & Crypto Market Cap Nosedived: LTC, BNB, BCH, TRX Analysis appeared first on NewsBTC.

What is Driving the Bitcoin Price Under $10,000? Crypto VC Weighs In
08/15/2019 05:54

Bitcoin has been absolutely slammed over the past week. Just weeks ago, you had countless analysts calling for the cryptocurrency to "moon". But the rocket is having trouble breaking past the stratosphere. Related Reading: Bitcoin Price Approaches $10,000 24 Hours After $11,000 Falls As of the time of writing, Bitcoin has found itself trading for...

The post What is Driving the Bitcoin Price Under $10,000? Crypto VC Weighs In appeared first on NewsBTC.

Ripple Price (XRP) Decline Could Accelerate: BTC and ETH Weakens Further
08/15/2019 05:08

Ripple price declined sharply after it broke the key $0.2900 support area against the US dollar. The price is down more than 10% and even tumbled to test the $0.2350 level. A short term breakout pattern is forming with resistance near $0.2685 on the hourly chart of the XRP/USD pair (data source from Kraken). The...

The post Ripple Price (XRP) Decline Could Accelerate: BTC and ETH Weakens Further appeared first on NewsBTC.

Ethereum Price (ETH) Tumbles 10%, Following Bitcoin's Footsteps
08/15/2019 04:08

ETH price started a strong decline after it failed to surpass the $210 resistance against the US Dollar. There was a break below the key $200 and $190 support levels. Yesterday's highlighted key bearish trend line is intact with resistance near $206 on the hourly chart of ETH/USD (data feed via Kraken). The pair is...

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Bitcoin May Be Primed for a Bounce Despite Recent Selloff
08/15/2019 00:00

Bitcoin (BTC) has been facing a steep sell-off over the past few days that has sent the cryptocurrency into the $10,000 region, which has led many analysts and investors alike to fear the possibility that Bitcoin revisits the four-figure price region in the near-future. Now, analysts are explaining that Bitcoin may soon incur a decent...

The post Bitcoin May Be Primed for a Bounce Despite Recent Selloff appeared first on NewsBTC.

Investment Analyst: "Bitcoin has Become the Standard of All Crypto" and a "Convenient Safe-Haven"
08/15/2019 00:00

According to the co-founder of DataTrek Research, current global instability is making Bitcoin a popular choice of safe-haven asset. Nicolas Colas believes that the leading crypto asset's price swings can be used as an indicator for other markets and global events. He also argues that Bitcoin's relative immaturity compared with traditional asset classes will mean...

The post Investment Analyst: "Bitcoin has Become the Standard of All Crypto" and a "Convenient Safe-Haven" appeared first on NewsBTC.

Will Investors Flee to Bitcoin as Recession Looms?
08/14/2019 22:00

The global economy has been facing increasing downwards pressure as of late that has sparked significant fear amongst traditional investors, and now one historically accurate indicator is flashing warning signs of an imminent recession, which could prove to be a positive thing for Bitcoin (BTC). Importantly, analysts are also noting that the sheer amount of...

The post Will Investors Flee to Bitcoin as Recession Looms? appeared first on NewsBTC.

Massive UK Newspaper Heralds Bitcoin and the "Golden Age of Cryptocurrency"
08/14/2019 21:00

The United Kingdom's widely circulated Metro news publication has published a surprisingly bullish article explaining Bitcoin for its millions of readers. The article is scant in its detail but does feature a full Bitcoin explanation video. The overall tone of the clip is incredibly optimistic for Bitcoin's long term. Rather than caution against its use,...

The post Massive UK Newspaper Heralds Bitcoin and the "Golden Age of Cryptocurrency" appeared first on NewsBTC.

Can Ancient Math Predict the Next Bitcoin Top at $220K?
08/14/2019 20:00

Bitcoin was built using mathematical code, and nearly all aspects of it, from its hard-capped supply to its price, and everything in between is deeply steeped in math. Ancient mathematics first popularized in the middle-ages may hold the key to predicting Bitcoin tops and bottoms with chilling accuracy. And according to how the number sequence...

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