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Bitcoin (BTC) Price Weekly Forecast: Downside Thrust Before Fresh Rise?
09/08/2019 05:08

There was a steady rise in bitcoin price above the $10,500 resistance against the US Dollar. The price is currently correcting lower after it traded to a new monthly high close to $11,000. There is a key bullish trend line forming with support near $10,200 on the 4-hours chart of the BTC/USD pair (data feed...

The post Bitcoin (BTC) Price Weekly Forecast: Downside Thrust Before Fresh Rise? appeared first on NewsBTC.

Ethereum Price Weekly Forecast: ETH Signaling Bullish Reversal
09/08/2019 04:08

ETH price is finding a strong buying interest near the $165 level against the US Dollar. The price is currently climbing higher and testing a major resistance area near $180 and $182. There was a break above a major bearish trend line with resistance near $176 on the 4-hours chart of ETH/USD (data feed via...

The post Ethereum Price Weekly Forecast: ETH Signaling Bullish Reversal appeared first on NewsBTC.

Bitcoin Price Could Fall By 30% to $7,500; Here's Why
09/08/2019 01:00

Over the past week, Bitcoin (BTC) has finally managed to mount a comeback, rallying from the local low of $9,300 to $10,500 as of the time of writing this. However, one analyst recently pointed out that this price action only confirms the idea that the cryptocurrency market may soon undergo another retracement — one that...

The post Bitcoin Price Could Fall By 30% to $7,500; Here's Why appeared first on NewsBTC.

Ethereum's Downwards Pressure May Be Perpetuated by Waning Holders
09/07/2019 23:30

Ethereum (ETH) – along with most major cryptocurrencies – has been facing significant selling pressure in recent times and has failed to regain its previous support level of $185, despite Bitcoin expressing some hints of bullishness. New data suggests that Ethereum's investors have a significantly higher turnover rate than Bitcoin's investors, which may signal that...

The post Ethereum's Downwards Pressure May Be Perpetuated by Waning Holders appeared first on NewsBTC.

Crypto Tidbits: PWC Branch Accepts Bitcoin, Ethereum Istanbul Pushed, Apple Talks Cryptocurrency
09/07/2019 22:00

Another week, another of Crypto Tidbits. At long last, the Bitcoin price saw some bullish action this week, gaining some 10% over the past seven days according to Coin360.io. While BTC is trading 4% lower from its weekly highs, analysts are starting to believe that the trend for the cryptocurrency market is finally pointing upward...

The post Crypto Tidbits: PWC Branch Accepts Bitcoin, Ethereum Istanbul Pushed, Apple Talks Cryptocurrency appeared first on NewsBTC.

Analyst: Bitcoin Caught in Clear Bearish Trading Pattern
09/07/2019 20:30

Bitcoin's recent surge up to highs of over $10,800 drastically shifted the overall market sentiment and had led many investors and analysts alike to believe that BTC was highly likely to move past $11,000. BTC's subsequent drop from these levels, however, invalidated this perceived bullishness, and now a prominent analyst is explaining that Bitcoin is...

The post Analyst: Bitcoin Caught in Clear Bearish Trading Pattern appeared first on NewsBTC.

Inverse Bitcoin Price to Yuan Correlation Sets a New Record
09/07/2019 19:00

Over the past few months, a trade war has been raging between the U.S. and China. Throughout this, Bitcoin (BTC) has managed to post stellar gains, rallying by some 100% since the latest leg of this dispute began. While many believe that this is nothing but a coincidence, data is starting to show that the...

The post Inverse Bitcoin Price to Yuan Correlation Sets a New Record appeared first on NewsBTC.

Bitcoin Pioneer Adam Back: BTC Price at $50,000 "Not Far Off"
09/07/2019 13:00

Bitcoin (BTC) has been on an absolute tear in 2019 so far. The cryptocurrency has gained hundreds of percent on its bottom of $3,150, as have a majority of altcoins. However, this market's rally might not be done yet. According to a pioneer of Bitcoin, Adam Back, BTC surging by another 400% is "not far...

The post Bitcoin Pioneer Adam Back: BTC Price at $50,000 "Not Far Off" appeared first on NewsBTC.

 
 


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