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Bitcoin Price (BTC) In Higher Degree Downtrend Below $10K 08/30/2019 07:00 Bitcoin price extended its decline and traded towards the $9,300 level against the US Dollar. The price is currently correcting higher, but it is likely to struggle near $9,600 and $9,760. There is a short term breakout pattern forming with resistance near $9,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).... The post Bitcoin Price (BTC) In Higher Degree Downtrend Below $10K appeared first on NewsBTC. Crypto Market & Bitcoin Extended Losses: BCH, EOS, TRX, ADA Analysis 08/30/2019 06:00 The total crypto market cap extended its decline below the $240.0B support area. Bitcoin price is under a lot of pressure and it even broke the $9,500 support area. EOS price is slowly moving lower towards the $3.100 and $3.000 support levels. BCH price broke the $280 support and it seems to be moving lower... The post Crypto Market & Bitcoin Extended Losses: BCH, EOS, TRX, ADA Analysis appeared first on NewsBTC. Ripple Price (XRP) Showing Signs of Further Weakness 08/30/2019 05:08 Ripple price recovered recently, but it failed to break the $0.2600 resistance area against the US dollar. The price is currently moving lower and remains at a risk of more downsides below $0.2500. Yesterday's highlighted major bearish trend line is active with resistance near $0.2580 on the hourly chart of the XRP/USD pair (data source... The post Ripple Price (XRP) Showing Signs of Further Weakness appeared first on NewsBTC. Ethereum Price (ETH) Testing Crucial Support But Recovery Won't Be Easy 08/30/2019 04:08 ETH price is under a lot of pressure below the $170 and $175 resistances against the US Dollar. The price is likely to decline sharply if it settles below the $165 support area in the near term. There is a declining channel forming with resistance near $169 on the hourly chart of ETH/USD (data feed... The post Ethereum Price (ETH) Testing Crucial Support But Recovery Won't Be Easy appeared first on NewsBTC. Bitcoin Price At $9,400 is a "Good Buying Opportunity": Here's Why 08/30/2019 00:30 Bitcoin (BTC) has been absolutely hammered over the past two days. In fact, some 36 hours ago, it was trading at $10,200; now, the cryptocurrency is sitting snug at $9,500. Related Reading: Altcoin Market Is Failing to Produce Utility, Only Bitcoin Can Become Money This dramatic sell-off, which comes after the cryptocurrency traded in the... The post Bitcoin Price At $9,400 is a "Good Buying Opportunity": Here's Why appeared first on NewsBTC. Analyst Sets $90 Ethereum Target as Altcoins Falter 08/30/2019 00:00 Bitcoin's recent downtrend has led many altcoins to plummet lower, with Ethereum (ETH) crashing a whopping 10% over the past 24-hours, a movement that has led it to break below a key support level. Because of ETH's bearish price action as of late, some analysts are expecting it to drop significantly lower in the coming... The post Analyst Sets $90 Ethereum Target as Altcoins Falter appeared first on NewsBTC. Crypto Analyst: Bitcoin Indicator Resembles Mid-2016 Bullish Beginnings 08/29/2019 23:00 Much of the crypto market may have flipped sentiment to being bearish on Bitcoin after yesterday's dump that bled out over $20 billion from the total crypto market cap. However, according to one of the most respected crypto analysts in the space, an important trend indicator suggests that the current price action very closely resembles... The post Crypto Analyst: Bitcoin Indicator Resembles Mid-2016 Bullish Beginnings appeared first on NewsBTC. Bitcoin Bulls Remain Confident Despite Ongoing Crash 08/29/2019 22:00 After breaking below $10,000 yesterday, Bitcoin has faced a significant influx of selling pressure that has sent its price reeling down towards the lower-$9,000 region. This sell-off has drastically altered the overall market sentiment and came shortly after BTC made a failed attempt to surge towards $11,000. Some major Bitcoin bulls are still expressing confidence... The post Bitcoin Bulls Remain Confident Despite Ongoing Crash appeared first on NewsBTC. EOS, Ethereum, and Litecoin Lead Massive Bitcoin Dump to $9,500 08/29/2019 21:00 Yesterday's Bitcoin carnage saw over $20 billion in USD value wiped out from the total crypto market capitalization. The dump affected nearly all crypto assets, including Ethereum, EOS, and Litecoin – even Bitcoin, which has maintained support despite altcoins collapsing around it. But new data shows that it may have been altcoins collapsing that dragged... The post EOS, Ethereum, and Litecoin Lead Massive Bitcoin Dump to $9,500 appeared first on NewsBTC. Altcoins Still In a Bear Market, But What About Bitcoin? 08/29/2019 20:00 Recently, the crypto market fear and greed index hit its lowest point in history, despite Bitcoin price trading above $10,000 and at that point had yet to break down. The fear was mostly driven by altcoin holders who have been selling any remaining bags at a substantial loss at an alarming rate. While even altcoins... The post Altcoins Still In a Bear Market, But What About Bitcoin? appeared first on NewsBTC. Update your subscription — Unsubscribe

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