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Bitcoin Price (BTC/USD) Targets Fresh Weekly High Above $12.2K
08/08/2019 07:00

Bitcoin price is trading nicely above the $11,650 and $11,500 supports sharply against the US Dollar. The price is likely to break the $12,000 resistance and continue higher in the coming sessions. There is a crucial contracting triangle forming with resistance near $12,000 on the hourly chart of the BTC/USD pair (data feed from Kraken)....

The post Bitcoin Price (BTC/USD) Targets Fresh Weekly High Above $12.2K appeared first on NewsBTC.

Crypto Market Cap And Bitcoin Gaining Momentum: BCH, BNB, EOS, TRX Analysis
08/08/2019 06:00

The total crypto market cap is gaining momentum above the $300.0B resistance level. Bitcoin price is likely to gain bullish momentum once it breaks $12,050 and $12,200. EOS price retested the $4.100 support area and it is currently correcting higher. Binance Coin (BNB) is surging above $30.00 and it recently gained more than 8%. BCH...

The post Crypto Market Cap And Bitcoin Gaining Momentum: BCH, BNB, EOS, TRX Analysis appeared first on NewsBTC.

Ripple Price (XRP) Facing Many Hurdles While Bitcoin Testing $12K
08/08/2019 05:08

Ripple price remained in a bearish zone below the $0.3150 and $0.3180 resistances against the US dollar. The price is consolidating above the $0.3065 and $0.3080 support levels. There is a major bearish trend line forming with resistance near $0.3160 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is...

The post Ripple Price (XRP) Facing Many Hurdles While Bitcoin Testing $12K appeared first on NewsBTC.

Ethereum Price (ETH) Struggling While Bitcoin Is Up 4%
08/08/2019 04:08

ETH price failed to break the $230 resistance area and declined recently against the US Dollar. The price is currently traded above the main supports near the $222 and $224 levels. There is a key bullish trend line forming with support near $222 on the hourly chart of ETH/USD (data feed via Kraken). The pair...

The post Ethereum Price (ETH) Struggling While Bitcoin Is Up 4% appeared first on NewsBTC.

YouTube Bitcoin Evangelist Gives Crypto Scammer Taste of Own Medicine
08/08/2019 02:00

Bitcoin is a powerful technology and movement. It stands for freedom and the crypto was designed to be decentralized so no single actor or party could ever control it. The idea of removing control from the governments and banks, while simultaneously being a breakthrough in bringing money into the digital age, has caused many to...

The post YouTube Bitcoin Evangelist Gives Crypto Scammer Taste of Own Medicine appeared first on NewsBTC.

Despite Bitcoin "Gold 2.0" Narrative, Long-Term Correlation With Gold Remains Loose
08/08/2019 01:00

The traditional equities markets have been caught in a tailspin over the past couple of days due to increasing tensions between the U.S. and China that have escalated the trade war into a full-fledged currency war. At the same time, Bitcoin (BTC) has been incurring decent upwards momentum, which has strengthened the "digital Gold" narrative....

The post Despite Bitcoin "Gold 2.0" Narrative, Long-Term Correlation With Gold Remains Loose appeared first on NewsBTC.

Ethereum Falls to Below 8% of Entire Cryptocurrency Market
08/08/2019 00:00

The market capitalisation of the Ethereum network has fallen below the levels observed prior to its epic price run up in 2017. The total value of all Ether (ETH) tokens in existence now accounts for just less than eight percent of the entire cryptocurrency market. At the height of Ethereum hype, the smart contract platform...

The post Ethereum Falls to Below 8% of Entire Cryptocurrency Market appeared first on NewsBTC.

Bitcoin Plummets To $11,600 As Bull Case Weakens; Factors & Trends
08/07/2019 23:00

Bitcoin and the aggregated crypto markets incurred a significant influx of buying pressure earlier this morning that ultimately resulted in yet another swift rejection that sent the markets reeling lower. This rejection and the subsequent drop have weakened the bullish scenario that many analysts believed BTC was facing, and some analysts are now noting that...

The post Bitcoin Plummets To $11,600 As Bull Case Weakens; Factors & Trends appeared first on NewsBTC.

Willy Woo's Bitcoin Difficulty Ribbon Suggests Drop Below $6,000/BTC "Very Unlikely"
08/07/2019 22:00

On-chain metrics analyst Willy Woo believes we may never see another $6,000 Bitcoin again. The trader bases his theory on his latest technical indicator, the Bitcoin Difficulty Ribbon. Woo argues that a miner capitulation he expects to see in 2020, along with the halving of Bitcoin supply next May, will "add more fuel to the...

The post Willy Woo's Bitcoin Difficulty Ribbon Suggests Drop Below $6,000/BTC "Very Unlikely" appeared first on NewsBTC.

Bitcoin Price Weekly Close Above $11,500 Would Be First in Nearly 18 Months
08/07/2019 21:00

Bitcoin price throughout 2018 was locked in a bear market and downtrend that ultimately took the price of the first-ever crypto asset to its bottom at $3,200. But during the almost 8 months of 2019, Bitcoin has been in an uptrend and is preparing to enter a bull market. But before it gets there, Bitcoin...

The post Bitcoin Price Weekly Close Above $11,500 Would Be First in Nearly 18 Months appeared first on NewsBTC.

 
 


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