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Ethereum Price Weekly Forecast: ETH At Risk of Further Declines
11/24/2019 06:00

ETH price is down more than $30 in the past few days against the US Dollar. The price even spiked below $150 and it is currently correcting higher. There is a major breakout pattern forming with resistance near $152 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is struggling to correct...

The post Ethereum Price Weekly Forecast: ETH At Risk of Further Declines appeared first on NewsBTC.

Bitcoin Weekly Forecast: BTC Aiming Key $6.5K Support
11/24/2019 04:28

There was a sharp decline in bitcoin below the $8,000 and $7,500 supports against the US Dollar. The price is currently correcting losses, but remains at a risk below $7,400. There is another breakdown pattern forming with support near $7,240 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price is...

The post Bitcoin Weekly Forecast: BTC Aiming Key $6.5K Support appeared first on NewsBTC.

Bitcoin's Macro Outlook is Insanely Bullish, But BTC May First Visit Sub-$5,000
11/23/2019 21:30

Bitcoin has been facing intense volatility over the past month, which first began when it incurred an explosive rally that sent it from $7,300 to highs of $10,600. In the time since this occurred, BTC's bears have been firmly in control, erasing nearly all of the gains that were produced in this rally. In the...

The post Bitcoin's Macro Outlook is Insanely Bullish, But BTC May First Visit Sub-$5,000 appeared first on NewsBTC.

Crypto Tidbits: Bitcoin Dives Under $8,000, Fidelity Bags Trust License, SEC Takes Second Look at ETF
11/23/2019 21:00

Another week, another round of Crypto Tidbits. Bitcoin and other cryptocurrencies haven't had the best of weeks. On Friday, BTC fell as low as $6,800, marking a 19% decline on the week. Altcoins posted similar losses, crushed under the pressure of a plunging Bitcoin. Despite the bearish price action, the past week was still fundamentally positive...

The post Crypto Tidbits: Bitcoin Dives Under $8,000, Fidelity Bags Trust License, SEC Takes Second Look at ETF appeared first on NewsBTC.

Bitcoin Primed for a Move to $8,000, but Bear Trend Isn't Over Yet
11/23/2019 19:30

After facing a sharp drop into the upper-$6,000 region yesterday morning, Bitcoin's bulls have stepped up and propelled the crypto higher, laying the foundations for the cryptocurrency's recent lows to be a mid-term bottom for BTC. Analysts now widely expect Bitcoin to see further gains in the short-term, but it is important to note that...

The post Bitcoin Primed for a Move to $8,000, but Bear Trend Isn't Over Yet appeared first on NewsBTC.

Bitcoin's Local Bottom Was Found at $6,800, Analysts Assert
11/23/2019 18:00

Ouch. Bulls haven't had the best of weeks, with Coin360 reporting that Bitcoin (BTC) has shed some 14% in the past week, trading at $7,300 as of the time of writing this article. Despite the decisively bearish price action, some believe that this market is bottoming, at least for the time being. Here's why. Related...

The post Bitcoin's Local Bottom Was Found at $6,800, Analysts Assert appeared first on NewsBTC.

 
 


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