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Bitcoin (BTC) Price Weekly Forecast: Remains Sell Until This Changes
08/25/2019 07:00

There was a downside extension in bitcoin price below the $10,000 support against the US Dollar. The price is currently consolidating and is facing many hurdles on the upside near $10,400. There is a crucial bearish trend line forming with resistance near $10,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken)....

The post Bitcoin (BTC) Price Weekly Forecast: Remains Sell Until This Changes appeared first on NewsBTC.

Ethereum Price Weekly Forecast: ETH Trading Near Crucial Juncture
08/25/2019 06:08

ETH price remained in a bearish zone and even tested the $180 support area against the US Dollar. The price is currently correcting higher, but it is facing hurdles near $192 and $195. There is a significant bearish trend line forming with resistance near $192 on the 4-hours chart of ETH/USD (data feed via Kraken)....

The post Ethereum Price Weekly Forecast: ETH Trading Near Crucial Juncture appeared first on NewsBTC.

Bitcoin: Crypto-Like Global Monetary System To Be a Boon For BTC
08/25/2019 01:00

On Friday, the Bank of England's governor made a comment that was music to the ears of Bitcoin and crypto proponents. BITCOIN IS THE FUTURE 🙏🏽 pic.twitter.com/ITdKsG9HJ5 — Pomp 🌪 (@APompliano) August 23, 2019 According to reports from Reuters and Bloomberg, Mark Carney dropped a bombshell on a group fo central bankers and press at...

The post Bitcoin: Crypto-Like Global Monetary System To Be a Boon For BTC appeared first on NewsBTC.

Ethereum May Face 20% Pullback as Key Support Level Grows Weak
08/24/2019 22:30

Ethereum and the aggregated crypto market has been closely tracking Bitcoin's price action over the past week, which has resulted in a choppy trading session for ETH that has ultimately led it to drop back towards $185 – which remains a critical support level for the cryptocurrency. Although ETH is likely to find some support...

The post Ethereum May Face 20% Pullback as Key Support Level Grows Weak appeared first on NewsBTC.

Crypto Tidbits: Bitcoin Hash Rate High, Square Crypto Bags Hire, Libra in Turmoil
08/24/2019 22:00

Another week, another of Crypto Tidbits. Bitcoin saw a fairly tumultuous week. The cryptocurrency nearly hit $11,000 this week, before falling to $9,900 in a massive 8% sell-off that resulted in a Bitcoin Fear & Greed Index reading of 5 — "extreme fear". Despite this crazy price action, Coin360 data suggests that BTC is ending...

The post Crypto Tidbits: Bitcoin Hash Rate High, Square Crypto Bags Hire, Libra in Turmoil appeared first on NewsBTC.

Bitcoin Drops Below $10,000 as Support Wears Thin
08/24/2019 20:30

Bitcoin (BTC) has once again found itself caught in the throes of a choppy trading range that has provided little clarity as to whether or not it will begin venturing into the four-figure price region, or if it will begin climbing until it retests its year-to-date highs of $13,800. This choppiness has been largely centered...

The post Bitcoin Drops Below $10,000 as Support Wears Thin appeared first on NewsBTC.

Bitcoin Bottomed at $9,080, BTC to Rally Into End of 2019
08/24/2019 19:00

Once again, Bitcoin (BTC) has stagnated, finding a foothold around $10,000 for the umpteenth time in a matter of weeks. While this is a positive development, especially considering the bearish momentum seen last week, there remains some expecting for the cryptocurrency market to continue lower. As reported by NewsBTC, one prominent crypto analyst suggested that...

The post Bitcoin Bottomed at $9,080, BTC to Rally Into End of 2019 appeared first on NewsBTC.

Bitcoin Price Rallies On Latest Trump Volley, Analysts Expect Further Upside
08/24/2019 13:00

Donald Trump is upping the pressure on China, and analysts say this is bullish for Bitcoin. For those who missed the memo, on Friday morning, the American President unleashed his latest volley at China (and the Federal Reserve) in a series of tweets. "For many years China has been taking advantage of the United States",...

The post Bitcoin Price Rallies On Latest Trump Volley, Analysts Expect Further Upside appeared first on NewsBTC.

 
 


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