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Ethereum Price Weekly Forecast: ETH Trading Near Crucial Juncture
10/20/2019 07:00

ETH price is under pressure and it recently declined below the $180 support against the US Dollar. The price is currently struggling to hold an important support area near the $168 level. There is a crucial bearish trend line forming with resistance near $174 on the 4-hours chart of ETH/USD (data feed via Kraken). The...

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Bitcoin (BTC) Price Weekly Forecast: Vulnerable Below $8K-$8.2K
10/20/2019 05:38

There was a steady decline in bitcoin price below the $8,200 support against the US Dollar. The price is currently trading below $8,000 and it remains at a risk of more losses. There is a major bearish trend line forming with resistance near $8,100 on the 4-hours chart of the BTC/USD pair (data feed from...

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"Weak" Ethereum Price May See 20% Drop Before Breakout
10/20/2019 02:00

Saturday, so far, has been a relatively neutral day for the cryptocurrency market. Bitcoin, Ethereum, and a majority of other large caps saw effectively zero losses or gains on the day, while trading volumes across the board tanked. Related Reading: Crypto Tidbits: Fidelity Expands Bitcoin Ops, Ripple's XRP Sales Fall, Grayscale Sees Growing Altcoin Demand...

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Bitcoin is Up 83,000% Since Gold Topped in 2012: Bullion vs. BTC
10/19/2019 23:30

If you've been on Crypto Twitter over the past 24 hours, you have likely noticed one Bitcoin-bashing tweet from Peter Schiff. The message, which can be seen below, shows the libertarian investor claiming that BTC's price chart "looks horrible." Related Reading: Happy 18 Millionth Bitcoin! BTC Scarcity Implies Large Price Rally Schiff, in fact, remarked...

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Model That Predicted Bitcoin Price Drop to $8,000: Bears Are Done
10/19/2019 22:30

The Bitcoin (BTC) bear trend that brought the cryptocurrency from $14,000 to $7,700 is over… according to a price model anyway. In early-August, a cryptocurrency investment boutique unveiled a price prediction model that used Facebook's Prophet machine learning software in Python. BurgerCrypto, as the upstart is called, revealed in their model that they expect Bitcoin...

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Gold Bull Claims Bitcoin is Positioned for a Dip Towards $2,000
10/19/2019 21:30

Bitcoin (BTC) has been trading within a tight trading range around $8,000 for the past week and has failed to incur any significant momentum in either direction that illuminates its near-term trend. One prominent Gold bull and an outspoken Bitcoin critical is now noting that multiple technical formations point to the possibility that the cryptocurrency...

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Crypto Tidbits: Fidelity Expands Bitcoin Ops, Ripple's XRP Sales Fall, Grayscale Sees Growing Altcoin Demand
10/19/2019 20:30

Another week, another of Crypto Tidbits. Over the past week, Bitcoin hasn't done too hot, sliding under $8,000 for the umpteenth time in a few months. A majority of altcoins — save for XRP, Dogecoin, Binance Coin, and a few others — have followed BTC lower, posting 3% to 6% losses. Despite the growing potential for...

The post Crypto Tidbits: Fidelity Expands Bitcoin Ops, Ripple's XRP Sales Fall, Grayscale Sees Growing Altcoin Demand appeared first on NewsBTC.

Bitcoin Reclaims Support Level as Analysts Eye Further Gains
10/19/2019 19:00

After struggling to break above $8,000 for the past several days, Bitcoin was once again able to find some support within the upper-$7,000 region that held strong and allowed BTC to move back up above $8,000. Analysts are now noting that the cryptocurrency may climb higher in the near-term but are also noting that a...

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Five Reasons Why Bitcoin Watchers Shouldn't Worry
10/19/2019 12:34

Overview Pessimistic sentiment has been looming the cryptocurrency markets as we passed the halfway mark of October. Bitcoin has been trading below the 8000 levels again and approaching the month-low levels near 7760. Although the picture may not be so bright now, however, there were some market signs perhaps could clam traders' nerves down. Bitcoin...

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