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Bitcoin (BTC) Price Primed For Breakdown Below $8K
11/20/2019 06:00

Bitcoin price is extending its decline below the $8,250 resistance area against the US Dollar. The price is likely to decline below the $8,000 and $7,800 support levels in the near term. There is a major bearish trend line forming with resistance near $8,150 on the hourly chart of the BTC/USD pair (data feed from...

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Bitcoin And Crypto Market Remain at Risk: BCH, Litecoin, EOS, XLM Analysis
11/20/2019 05:30

The total crypto market cap remains at a risk of a drop towards the $200.0B support. Bitcoin price is currently correcting higher, but there are many resistances near $8,250. Litecoin (LTC) price is currently consolidating above the $55.00 support area. Bitcoin cash price is now trading in a bearish zone below the $250 level. EOS...

The post Bitcoin And Crypto Market Remain at Risk: BCH, Litecoin, EOS, XLM Analysis appeared first on NewsBTC.

Ripple (XRP) Price Trading Near Crucial Juncture, Can Bulls Make It?
11/20/2019 04:28

Ripple price is currently correcting higher and is trading above $0.2520 against the US dollar. The price seems to be approaching a major resistance area near the $0.2600 level. This week's crucial bearish trend line is intact with resistance near $0.2600 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is...

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Ethereum (ETH) Correcting Higher But Bears Remain In Control
11/20/2019 03:08

Ethereum is currently correcting higher from the $172 support against the US Dollar. Bitcoin price is also correcting higher, but it is likely to face resistance near $8,250. There was a break above a declining channel with resistance near $175 on the hourly chart of ETH/USD (data feed via Kraken). The price is facing a...

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Echo Bubble Narrative Grows Stronger as Bitcoin Struggles to Find Support
11/19/2019 23:00

It has been a crazy past few weeks for Bitcoin, with the cryptocurrency's price incurring an explosive rally that sent it surging from lows of $7,300 to highs of $10,600 before this momentum faltered and BTC began a slow grind down to its current price levels. One prominent analyst is now noting that Bitcoin's inability...

The post Echo Bubble Narrative Grows Stronger as Bitcoin Struggles to Find Support appeared first on NewsBTC.

Blockchain Tech Used as Part of Chinese Calligraphy Exhibition in New York
11/19/2019 22:00

Blockchain technology has been given a somewhat unusual demonstration in New York City this week. Organisers of a traditional Chinese calligraphy exhibition have used the data sharing innovation to prove the authenticity of works on display. The exhibit also uses virtual reality technology. Viewers can experience the process by which artists create their pieces, learning...

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Key Indicator Signals That Bitcoin is Bottoming as Bulls Defend Key Support Level
11/19/2019 21:00

Bitcoin (BTC) has continued slowly grinding lower as bears gain the upper hand over bulls, and sellers have now led the cryptocurrency down to a key support level that must be defended or else it will open the gates for significantly further losses in the near-term. Analysts are now noting that technical indicators may point...

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Major UK Football Team Announces Partnership with Crypto Millions Lotto, World's Biggest Bitcoin Lottery
11/19/2019 20:00

Wolverhampton Wanderers has just announced a new sponsorship deal. The UK Premier League squad has made Crypto Millions Lotto, its "Official Online Lottery Partner". Wolverhampton Wanderers has become the first UK football club to partner with an online lottery business. The new deal follows an earlier shirt sponsorship between the team and a cryptocurrency exchange....

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Time to Rally? Institutional Bitcoin Price Charts Signal Buy
11/19/2019 19:00

Bitcoin price has been steadily falling following a powerful, historic surge that caused the crypto asset to explode from lows around $7,300 to as much as $10,500 in two daily candles. The resulting string of red candles and downtrend has caused an important indicator to signal a buy on the price charts of two separate...

The post Time to Rally? Institutional Bitcoin Price Charts Signal Buy appeared first on NewsBTC.

Fidelity Bags Key License as Bitcoin Price Flails at $8,000
11/19/2019 18:27

Fidelity Investments' crypto-asset division, focused primarily on the market leader Bitcoin, has just been granted a key license by the New York State Department of Financial Services, allowing them to further expand their foray into cryptocurrency and blockchain. According to a blog update from Fidelity Digital Assets (FDAS), the NYDFS has just given it a...

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