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Bitcoin (BTC) Reaches Crucial Support At $7.4K, Larger Decline In Play? 11/22/2019 06:00 Bitcoin price is down 6% and tested $7,400 (discussed in the medium term outlook) against the US Dollar. The price is showing no signs of a strong recovery and remains at a risk below $7,800. There is a key contracting triangle forming with resistance near $7,650 on the hourly chart of the BTC/USD pair (data... The post Bitcoin (BTC) Reaches Crucial Support At $7.4K, Larger Decline In Play? appeared first on NewsBTC. Crypto Market & Bitcoin Bloodbath Not Over Yet: LTC, BNB, BCH, TRX Analysis 11/22/2019 05:30 The total crypto market cap declined heavily and tested the $200.0B support (yesterday's target). Bitcoin price is down more than 6% and it is approaching the long awaited $7,400 bearish target. Binance coin (BNB) price is down around 5% and it is now trading well below $17.50. Litecoin (LTC) price is under a lot of... The post Crypto Market & Bitcoin Bloodbath Not Over Yet: LTC, BNB, BCH, TRX Analysis appeared first on NewsBTC. How Does The Ethereum Dump Affect DeFi Markets? 11/22/2019 05:24 It has been a grim end to the week for Ethereum. The world's number two crypto asset has held up resiliently for most of this month while Bitcoin has been eroded. That resilience ended a few hours ago when ETH prices collapsed by 9 percent. Ethereum Crashes 9% Ethereum has spent the best part of... The post How Does The Ethereum Dump Affect DeFi Markets? appeared first on NewsBTC. Ripple (XRP) Price Trend Overwhelmingly Negative, Bitcoin Dives To $7.5K 11/22/2019 04:28 Ripple price is down 5% and it broke the key $0.2420 support area against the US dollar. The price tagged the $0.2350 support area and it is currently correcting higher. There is a new bearish trend line forming with resistance near $0.2450 on the hourly chart of the XRP/USD pair (data source from Kraken). The... The post Ripple (XRP) Price Trend Overwhelmingly Negative, Bitcoin Dives To $7.5K appeared first on NewsBTC. Bitcoin Mining Giant Canaan Ends Trading Day One Flat 11/22/2019 04:00 The long awaited IPO from Chinese Bitcoin mining hardware manufacturer Canaan Inc kicked off yesterday. The $90 million public offering was a little underwhelming considering previous valuations and the firm ended its first day trading flat. Bitcoin Mining Shares Back at $9 This week Chinese mining giant Canaan Inc. completed its initial public offering in... The post Bitcoin Mining Giant Canaan Ends Trading Day One Flat appeared first on NewsBTC. Ethereum (ETH) Hits Final Bearish Target, What's Next? 11/22/2019 03:08 Ethereum is down more than 8% and it tested the final $155 bearish target against the US Dollar. Bitcoin price is also down around 6% and it traded close to the $7,400 bearish target (as discussed yesterday). There is a short term contracting triangle forming with resistance near $165 on the hourly chart of ETH/USD... The post Ethereum (ETH) Hits Final Bearish Target, What's Next? appeared first on NewsBTC. Bitcoin On "Life Support" as Analysts Target Move to Sub-$7,000 11/21/2019 23:00 Bitcoin (BTC) has plummeted into the $7,000 region today as bears continue working to erase all the gains that were incurred during the crypto's meteoric rally in late-October, which may signal that significantly further downside is imminent for the embattled cryptocurrency. Analysts are now noting that Bitcoin is "on life support" as it trades around... The post Bitcoin On "Life Support" as Analysts Target Move to Sub-$7,000 appeared first on NewsBTC. Crypto Retail Adoption Grows, Hot Spots Found in all Corners of the World 11/21/2019 22:00 Despite the fact that many crypto naysayers say that digital currencies are useless for payments, the number of retailers accepting payment via cryptocurrency is growing. Hot spots are emerging all over the globe. The areas in which cryptocurrency usage appears to be growing fastest and most concentrated remain the US and Europe. However, data shows... The post Crypto Retail Adoption Grows, Hot Spots Found in all Corners of the World appeared first on NewsBTC. Analyst: Break Below Bitcoin's Current Support Could Spark Drop to $6,000 11/21/2019 21:00 After a brief period of consolidation, Bitcoin has once again made another downwards movement that has led it below its previous support level at $8,000. This latest bout of downwards momentum has opened the gates for significantly further losses, assuming bulls don't step up and propel BTC higher. One prominent analyst is now noting that... The post Analyst: Break Below Bitcoin's Current Support Could Spark Drop to $6,000 appeared first on NewsBTC. Right on Cue: Schiff Resurfaces to Celebrate Bitcoin Price Drop 11/21/2019 20:00 For someone lacking interest in Bitcoin, Peter Schiff has a funny way of showing it. As the price leading digital assets is dropping today, the gold bug has once again commented that such moves are evidence of a "pump and dump" narrative in the market. Schiff seems to think that there is only room for... The post Right on Cue: Schiff Resurfaces to Celebrate Bitcoin Price Drop appeared first on NewsBTC. Update your subscription — Unsubscribe

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