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Bitcoin (BTC) Price Weekly Forecast: Downtrend Intact Below $9K
09/29/2019 06:08

There was a nasty decline in bitcoin below the $9,000 support against the US Dollar. The price even declined below the $8,000 support and it is currently consolidating losses. There is a declining channel forming with resistance near $8,350 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price remains at...

The post Bitcoin (BTC) Price Weekly Forecast: Downtrend Intact Below $9K appeared first on NewsBTC.

Have No Fear, Bitcoin Price to Resume Uptrend After Pullback
09/29/2019 01:00

"Bitcoin is an echo bubble", cryptocurrency cynics have cried since BTC hit $14,000 and collapsed in quick succession. These Bitcoin skeptics believe that this most recent uptrend and collapse in the cryptocurrency market is Bitcoin's one last attempt at making it big, to allow early adopters and those in the know to cash out. Related...

The post Have No Fear, Bitcoin Price to Resume Uptrend After Pullback appeared first on NewsBTC.

Ethereum Stabilizes Above $170 as Indicator Predicts Further Upside
09/28/2019 22:30

Ethereum (ETH) has posted a strong bounce from its recent lows and has not yet faced any notable rejection after climbing from these lows. This slight upwards momentum has come about as Bitcoin finds increasing stability around the $8,000 region. Analysts are now noting that Ethereum could incur massive upside in the future, although other...

The post Ethereum Stabilizes Above $170 as Indicator Predicts Further Upside appeared first on NewsBTC.

Bitcoin to Bottom at $6,000, Surge to All-Time High by Halving: Analyst
09/28/2019 22:00

Over the past 48 hours, Bitcoin (BTC) price has started to show some strength. After the brutal drawdowns that were seen early this week, which saw BTC unravel to $7,700 from $10,200, this strength has been welcomed. Related Reading: Bye-Bye Bull Run: Bitcoin Price Daily Closes Under Vital Moving Average However, one analyst says that...

The post Bitcoin to Bottom at $6,000, Surge to All-Time High by Halving: Analyst appeared first on NewsBTC.

Bitcoin's Current Stability May Point to Imminent Surge to $9,000
09/28/2019 20:30

Bitcoin has been able to establish some stability after experiencing massive volatility earlier this week, and it is beginning to look as though the $8,000 region could potentially be a support level that allows BTC to continue climbing higher in the near-term. Importantly, analysts are noting that BTC's recent stability, in combination with yesterday's CME...

The post Bitcoin's Current Stability May Point to Imminent Surge to $9,000 appeared first on NewsBTC.

Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear
09/28/2019 19:00

Another week, another of Crypto Tidbits. Bitcoin has been absolutely slammed over the past week, shedding 20% of its value in a few days' time. Altcoins have followed suit, posting similar, if not worse losses. Unfortunately, the news cycle reflected the drop in the Bitcoin market. While there was a smattering of positive news events —...

The post Crypto Tidbits: Venezuela Owns Bitcoin, SoFi Adds Cryptocurrency Trading, Libra Launch Unclear appeared first on NewsBTC.

Bitcoin Price Can Rocket Higher Without Institutions: Venture Capitalist
09/28/2019 13:00

"The institutional herd is coming" is a phrase uttered by countless Bitcoin bulls ad nauseam. They believe that the arrival of this subset of investors will be a catalyst that drives cryptocurrencies to fresh all-time highs and catapult the technology into the mainstream. However, an industry venture capitalist has argued that the institutional narrative is...

The post Bitcoin Price Can Rocket Higher Without Institutions: Venture Capitalist appeared first on NewsBTC.

 
 


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