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Bitcoin (BTC) Price Won't Go Quietly, Risk of Bounce Grows
10/24/2019 07:00

Bitcoin price is down more than 8% and it dived below $7,500 against the US Dollar. The price is currently correcting higher after trading to a new monthly low near $7,300 There are two connecting bearish trend lines forming with resistance near $7,450 and $7,660 on the hourly chart of the BTC/USD pair (data feed...

The post Bitcoin (BTC) Price Won't Go Quietly, Risk of Bounce Grows appeared first on NewsBTC.

Why Has Goldbug Peter Schiff Changed Stance on Cryptocurrency
10/24/2019 06:30

There are a number of known cryptocurrency and Bitcoin detractors so when one makes a bullish statement it is time to pay attention. Gold investor Peter Schiff is one that regularly argues up his own investments and down digital ones but maybe he is finally warming to crypto. A Plug For Libra? In a recent...

The post Why Has Goldbug Peter Schiff Changed Stance on Cryptocurrency appeared first on NewsBTC.

Bitcoin And Crypto Market Nosedives: BCH, EOS, TRX, ADA Analysis
10/24/2019 06:00

The total crypto market cap is down more than 10% and it broke the $200.0B support area. Bitcoin price declined heavily and traded below the $7,500 support area. EOS price is down more than 8% and it traded close to the $2.500 support area. BCH price is still holding the main $200 support area, with...

The post Bitcoin And Crypto Market Nosedives: BCH, EOS, TRX, ADA Analysis appeared first on NewsBTC.

Ripple (XRP) Price Rebounding After Sharp Drop To $0.2500 Support
10/24/2019 05:08

Ripple price declined heavily after it broke the key $0.2850 support area against the US dollar. The price tested the main $0.2500 support area and it is currently rebounding above $0.2650. There is a major bearish trend line forming with resistance near $0.2800 on the hourly chart of the XRP/USD pair (data source from Kraken)....

The post Ripple (XRP) Price Rebounding After Sharp Drop To $0.2500 Support appeared first on NewsBTC.

Ethereum (ETH) Hits All Bearish Targets, Bitcoin Down 8%
10/24/2019 04:08

Ethereum price declined heavily below $170 and traded close to $150 against the US Dollar. Bitcoin price is down more than 8% and it even traded below the key $7,500 support. Yesterday's highlighted bearish trend line is intact with resistance near $165 on the hourly chart of ETH/USD (data feed via Kraken). The pair is...

The post Ethereum (ETH) Hits All Bearish Targets, Bitcoin Down 8% appeared first on NewsBTC.

Bitcoin Breaks Below Bear Channel as Analysts Eye Further Downside
10/23/2019 22:00

Bitcoin has plummeted below its previous support levels during a swift and sharp sell-off earlier this morning that led the aggregated crypto market to drop to fresh multi-month lows. BTC has continued grinding lower throughout the day and it is unclear as to where it will find any meaningful support that halts its current downtrend....

The post Bitcoin Breaks Below Bear Channel as Analysts Eye Further Downside appeared first on NewsBTC.

Bitcoin Price En Route to Descending Triangle Target of $5,000
10/23/2019 20:00

This morning, Bitcoin price began to fall from a high timeframe bear flag that was formed following a breakdown of a multi-month triangle chart pattern – a pattern that signaled the end of the 2019 bull rally and possibly a major market trend reversal. With the rally now over, and given that the chart patterns...

The post Bitcoin Price En Route to Descending Triangle Target of $5,000 appeared first on NewsBTC.

Is There a Bitcoin Bull Case After 10% Plunge to $7,400?
10/23/2019 19:22

On Wednesday morning, Bitcoin bears finally managed to get the upper hand over bulls. For those who missed the memo, the leading cryptocurrency's price fell by 8% or so within a few hours' time, falling from above $8,100 to as low as $7,400 in a dramatic blow to bulls. In fact, this move saw hundreds...

The post Is There a Bitcoin Bull Case After 10% Plunge to $7,400? appeared first on NewsBTC.

Australian Law Enforcement Nets 20x Gains From Seized Bitcoin
10/23/2019 19:00

Bitcoin is a wildly volatile asset, known for its massive price swings and for being the best performing asset of all-time. It's made many early investors millionaires as a result. It's even helped law enforcement gain over 2000% returns on a large sum of BTC that was seized as part of a sting on an...

The post Australian Law Enforcement Nets 20x Gains From Seized Bitcoin appeared first on NewsBTC.

CryptoCompare Exchange Review: OKEx Tops Derivatives Total Trading Volume for September
10/23/2019 18:07

In the report "Exchange Review for September 2019" recently released by CryptoCompare, a cryptocurrency market data provider, the Malta-based cryptocurrency exchange OKEx has earned the distinction of being the top cryptocurrency exchange in terms of derivatives monthly volume. The exchange known for its spot and derivatives trading while supporting hundreds of trading pairs registered a...

The post CryptoCompare Exchange Review: OKEx Tops Derivatives Total Trading Volume for September appeared first on NewsBTC.

 
 


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