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Bitcoin Poised For Another Breakout as It Clings to Support, Which Way Next?
10/13/2019 07:00

Bitcoin has spent the past two weeks consolidating just below the 200 day moving average. So far it has managed to cling to support above $8,000 but a big move could be coming soon so which way will it go next? Bitcoin Trading Range Tightens Another day has seen Bitcoin bounce between $8,300 and $8,400...

The post Bitcoin Poised For Another Breakout as It Clings to Support, Which Way Next? appeared first on NewsBTC.

Ethereum Price Weekly Forecast: ETH Holding Important Support
10/13/2019 07:00

ETH price started a sharp downside correction after trading as high as $198 against the US Dollar. The price is currently holding an important support area near the $180 level. There was a break below a major bullish trend line with support near $188 on the 4-hours chart of ETH/USD (data feed via Kraken). The...

The post Ethereum Price Weekly Forecast: ETH Holding Important Support appeared first on NewsBTC.

Bitcoin (BTC) Price Weekly Forecast: $8,300 Holds Key For Fresh Increase
10/13/2019 05:08

After a sharp increase, bitcoin price corrected lower sharply below $8,500 against the US Dollar. The price is currently consolidating above the key $8,300 support area. There was a break below a key bullish trend line with support near $8,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price must...

The post Bitcoin (BTC) Price Weekly Forecast: $8,300 Holds Key For Fresh Increase appeared first on NewsBTC.

Fun Fact: Bitcoin Price is Up 838,000,000% in Ten Years' Time
10/13/2019 03:00

Since its birth in 2009, Bitcoin has been on a remarkable run. The cryptocurrency was at first a currency for the fringe — used by those that wanted to bypass the pitfalls of traditional payment solutions, wanted to make a bet on the future of fintech, or wanted to make a statement against the fiat...

The post Fun Fact: Bitcoin Price is Up 838,000,000% in Ten Years' Time appeared first on NewsBTC.

If $7,700 Holds, Bitcoin Price Could Soon Surge by 20%
10/13/2019 01:33

On Saturday evening, the Bitcoin price started to show hints of weakness after a short bout of consolidation. As of the time of writing this, the leading cryptocurrency has dipped to $8,300 — a level which analyst Josh Rager has indicated as key for BTC to hold in order to maintain a formation of consecutively...

The post If $7,700 Holds, Bitcoin Price Could Soon Surge by 20% appeared first on NewsBTC.

Analysts Expect Altcoins to Outperform as Bitcoin Price Stagnates
10/12/2019 22:30

Around three weeks back, altcoins suddenly started to rip higher; Ethereum gained 10% in a single day, Litecoin rocketed up by 8%, XRP gained some 20-30% in three days' time, and so on and so forth. But since then, this odd trend in the crypto market, which has been dominated by Bitcoin for the better...

The post Analysts Expect Altcoins to Outperform as Bitcoin Price Stagnates appeared first on NewsBTC.

Crypto Tidbits: Bitcoin ETF Denied, Libra Loses Visa & eBay, SEC Crackdown on Telegram's Blockchain
10/12/2019 21:30

Another week, another of Crypto Tidbits. This week, Bitcoin traded within a relatively wide range — $8,200 to $8,900 — but is closing at a very similar level to last week.  Analysts are currently divided over what this consolidation means for the cryptocurrency market's short-term future. Price action (or lack thereof) aside, this week was hectic...

The post Crypto Tidbits: Bitcoin ETF Denied, Libra Loses Visa & eBay, SEC Crackdown on Telegram's Blockchain appeared first on NewsBTC.

Bitmain CEO Claims Bitcoin Halving May Not Spark Bull Run
10/12/2019 20:00

Analysts and investors alike have long looked towards Bitcoin's halving as a potential catalyst that could spark the next massive parabolic rally and usher in a new era of growth for BTC and the aggregated crypto markets. It is important to note, however, that one prominent figure within the Bitcoin mining industry is now noting...

The post Bitmain CEO Claims Bitcoin Halving May Not Spark Bull Run appeared first on NewsBTC.

Bitcoin May Target $5,000 in Near Term as Momentum Falters
10/12/2019 19:00

After surging from its recent lows of $7,800, Bitcoin has been unable to extend its upwards momentum and has continued trading sideways within the lower-$8,000 region. This bout of consolidation has made it increasingly unclear as to which direction BTC will move next, although its next major movement should provide significant insight into this. One...

The post Bitcoin May Target $5,000 in Near Term as Momentum Falters appeared first on NewsBTC.

 
 


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