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Bitcoin (BTC) Price Flirts With Key Resistance After Recent Rally
08/26/2019 07:00

Bitcoin price climbed higher sharply above $10,200 and gained around 5% against the US Dollar. The price is clearly struggling to gain strength above the key $10,500 resistance area. There was a break above a key bearish trend line with resistance near $10,270 on the hourly chart of the BTC/USD pair (data feed from Kraken)....

The post Bitcoin (BTC) Price Flirts With Key Resistance After Recent Rally appeared first on NewsBTC.

Crypto Market And Bitcoin Facing Hurdles: BCH, BNB, EOS, TRX Analysis
08/26/2019 06:00

The total crypto market cap climbed higher, but it failed to surpass the $272.0B resistance. Bitcoin price surged around 5%, but it was rejected near the $10,500 and $10,600 resistance levels. EOS price settled above the $3.600 level and it is facing hurdles near the $3.700 and $3.800 levels. Binance Coin (BNB) is still trading...

The post Crypto Market And Bitcoin Facing Hurdles: BCH, BNB, EOS, TRX Analysis appeared first on NewsBTC.

Ripple Price (XRP) Hesitates But Further Recovery Seems Likely
08/26/2019 05:08

Ripple price is holding the $0.2650 support and is correcting higher against the US dollar. Bitcoin price rallied 5%, but it failed to continue above the $10,500 resistance area. There is a key major bullish trend line with support near $0.2680 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair...

The post Ripple Price (XRP) Hesitates But Further Recovery Seems Likely appeared first on NewsBTC.

Ethereum Price (ETH) Rally Could Face, Bitcoin Up 5%
08/26/2019 04:08

ETH price is currently correcting higher and is trading above the $190 level against the US Dollar. The price is still trading well below the key $195 resistance area. There was a break above a major declining channel with resistance near $192 on the hourly chart of ETH/USD (data feed via Kraken). The pair is...

The post Ethereum Price (ETH) Rally Could Face, Bitcoin Up 5% appeared first on NewsBTC.

Bitcoin (BTC) Surges 5% in Minutes, Rallies Past $10,500 in Flash Pump
08/26/2019 01:33

Volatility is back. In the past hour, Bitcoin (BTC) bulls have returned in full force, pushing the cryptocurrency from $10,100 to $10,600 in a matter of minutes. As of the time of writing this, the cryptocurrency is up 5%, trading around $10,550. This unexpected move comes to the upside shortly after the mediocre weekly candle...

The post Bitcoin (BTC) Surges 5% in Minutes, Rallies Past $10,500 in Flash Pump appeared first on NewsBTC.

Symmetrical Triangle Pattern May Bolster Bitcoin Bulls
08/25/2019 22:30

Over the past couple of days Bitcoin has found itself caught within a relatively tight trading range and has continued to find strong support around $10,000. Although some analysts have claimed that this support level is wearing thin, BTC has yet to post a decisive break below this level in recent times. Now, multiple analysts...

The post Symmetrical Triangle Pattern May Bolster Bitcoin Bulls appeared first on NewsBTC.

Bitcoin Unlikely to Plummet By Another 30%, Declares Analyst
08/25/2019 22:00

As Bitcoin bulls have failed to maintain the momentum seen from April to late-June, fear has started to grip the cryptocurrency market. Related Reading: Bitcoin Price Rallies On Latest Trump Volley, Analysts Expect Further Upside Analysts are starting to suspect that BTC has further downside, despite the fact that it has already collapsed 35% from...

The post Bitcoin Unlikely to Plummet By Another 30%, Declares Analyst appeared first on NewsBTC.

Overstock Still Focusing on Crypto Despite Embattled CEO's Departure
08/25/2019 20:30

Overstock was one of the first major companies that expressed extreme interest in utilizing and adopting crypto – an interest that stemmed primarily from its previous CEO's openness to the technology. Now that the company's previous CEO – Patrick Byrne – has resigned due to controversy surrounding comments he made about his involvement in a...

The post Overstock Still Focusing on Crypto Despite Embattled CEO's Departure appeared first on NewsBTC.

HODL: 79% of Bitcoin Addresses Are in Profit, Will They Sell?
08/25/2019 19:00

Bitcoin has undoubtedly had a stellar 2019 so far. Year to date, the cryptocurrency has gained some 200%, rallying from around $3,500 to $10,000. Related Reading: Bitcoin: Crypto-Like Global Monetary System To Be a Boon For BTC While this market's whales have undoubtedly benefited from this performance, data suggests that a good majority of BTC...

The post HODL: 79% of Bitcoin Addresses Are in Profit, Will They Sell? appeared first on NewsBTC.

Model: Bitcoin (BTC) Price to Surge 100% to $20,000 by May
08/25/2019 13:00

In just around nine months, Bitcoin (BTC) will see its next block reward reduction — dubbed "halving". Despite this rapidly approaching bullish event, however, the cryptocurrency market has stagnated, establishing a trading range. Related Reading: Bitcoin: Crypto-Like Global Monetary System To Be a Boon For BTC But a model from PlanB suggests that should history...

The post Model: Bitcoin (BTC) Price to Surge 100% to $20,000 by May appeared first on NewsBTC.

 
 


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