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Bitcoin Price (BTC) At Risk Of Downside Break Below $10,200
09/09/2019 07:00

Bitcoin price is under pressure and it recently declined below the $10,500 support against the US Dollar. The price is struggling to climb higher and is approaching the $10,200 support area. There is a key bearish trend line forming with resistance near $10,400 on the hourly chart of the BTC/USD pair (data feed from Kraken)....

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Analyst: Bitcoin Could Dump to $6,500 to Maintain Price Parabola
09/09/2019 06:30

As the Bitcoin consolidation continues, traders and analysts are scouring the charts again looking for the next direction. In the short term most are of mixed opinion but one analyst has predicted a big fall before any upward price momentum is resumed. Bitcoin Biding Its Time For more than two months now BTC has been...

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How Bitcoin Distribution Is a Bullish Sign For Greater Adoption
09/09/2019 05:30

There are a number of differing metrics analysts use to determine the health of the Bitcoin ecosystem. Hash rate and transactions are two of the most popular but distribution in terms of the number of addresses can also be used to determine adoption rates. Bitcoin Addresses Increasing Over the past two years the number of...

The post How Bitcoin Distribution Is a Bullish Sign For Greater Adoption appeared first on NewsBTC.

Ethereum Price (ETH) Could Continue Higher While Bitcoin Struggles
09/09/2019 05:08

ETH price climbed higher recently and settled above the $175 resistance area against the US Dollar. The price is currently consolidating gains and it might continue to rise towards $185 or $190. There is a key breakout pattern forming with support near $180 on the hourly chart of ETH/USD (data feed via Kraken). The price...

The post Ethereum Price (ETH) Could Continue Higher While Bitcoin Struggles appeared first on NewsBTC.

Ethereum Pumps Past $180, But It Could Be a Fake-Out
09/08/2019 23:00

Ethereum (ETH) incurred a significant amount of upwards momentum yesterday that came about after the aggregated altcoin market posted some decent gains that led many cryptos to surge 5% or more. Importantly, this surge may ultimately be fleeting, as one analyst is noting that ETH has "fake pumped" on multiple occasions as of late, with...

The post Ethereum Pumps Past $180, But It Could Be a Fake-Out appeared first on NewsBTC.

Bitcoin Price Shown Alongside Dollar and Euro in Square: Gone Mainstream
09/08/2019 21:30

Ever since Bitcoin (BTC) was birthed, its early adopters have dreamed of a world where cryptocurrency is the go-to medium of exchange, not fiat currencies. But, ten years since Bitcoin was released, this dream has not been had. Related Reading: Bitcoin Pioneer Adam Back: BTC Price at $50,000 "Not Far Off" Cryptocurrency pundits on Twitter...

The post Bitcoin Price Shown Alongside Dollar and Euro in Square: Gone Mainstream appeared first on NewsBTC.

Analyst Claims Bitcoin Drop Towards $7,000 Highly Probable
09/08/2019 20:30

Bitcoin and the aggregated crypto market incurred a sudden influx of buying pressure late-yesterday that allowed most major cryptocurrencies to post some decent gains, although these were largely erased overnight as BTC dropped back down towards $10,400. Bitcoin's consistent ability to post strong bounces with each visit into the $9,000 region certainly provides some justification...

The post Analyst Claims Bitcoin Drop Towards $7,000 Highly Probable appeared first on NewsBTC.

Bitcoin Price at 35% Premium to "Fair Value"; Will BTC Return to $7,500?
09/08/2019 19:31

Over the past week, Bitcoin (BTC) has managed to embark on a strong recovery, gaining some 10% after a brutal drawdown to $9,300. Despite this, one indicator says that the cryptocurrency is still well overvalued, potentially by upwards of 35%. But does that mean Bitcoin is going to fall to its "fair value"? No, unlikely not....

The post Bitcoin Price at 35% Premium to "Fair Value"; Will BTC Return to $7,500? appeared first on NewsBTC.

Bitcoin Dominance Falters at Last; Can the Altcoin Run Continue?
09/08/2019 13:00

Today was a weird day for the crypto markets. For the first time in seeming months, altcoins dramatically outperformed Bitcoin — managing to gain multiple percent on the market leader. While Bitcoin has gained 2.5% over the past 24 hours, leading altcoins, including everything from Ethereum and EOS to Monero and Chainlink, have rallied higher by...

The post Bitcoin Dominance Falters at Last; Can the Altcoin Run Continue? appeared first on NewsBTC.

 
 


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