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Why Expiry of CME Bitcoin Futures Suggests BTC Price to Soon Pass $8,000
11/30/2019 07:00

On Friday, the Chicago Mercantile Exchange's cash-settled Bitcoin futures contract for the month of November was reported to have expired by a number of analysts. While these financial derivatives are cash-settled, analysis by a top cryptocurrency trader suggests that the expiry of the monthly futures means that BTC has a positive price trajectory into the...

The post Why Expiry of CME Bitcoin Futures Suggests BTC Price to Soon Pass $8,000 appeared first on NewsBTC.

No Bitcoin Capitulation This Year Could Indicate BTC Bottom Is In
11/30/2019 04:30

Bitcoin continues to crank higher as we end the weekend rounding out a week of gains. The move has led analysts to question whether the dump to $6,500 was the bottom and a trend reversal has finally begun. Bitcoin Edges Towards Resistance There is still a long way to go before any measurable trend reversal...

The post No Bitcoin Capitulation This Year Could Indicate BTC Bottom Is In appeared first on NewsBTC.

XRP May Target Short-Term Gains Against Bitcoin; Here's Why
11/29/2019 23:00

Bitcoin has been incurring some decent upwards momentum in the time since it visited $6,500, which has allowed major altcoins like XRP to similarly put some distance between their current prices and their recent lows. Importantly, analysts are noting that XRP may see some short-term gains against its Bitcoin trading pair, which could come about...

The post XRP May Target Short-Term Gains Against Bitcoin; Here's Why appeared first on NewsBTC.

Bitcoin is a Clear Long After Forming Textbook Bottom, Claims Analyst
11/29/2019 21:00

It is looking increasingly likely that Bitcoin's recent dip to lows of $6,500 will mark a long-term bottom for the cryptocurrency, as its bulls have been able to propel its price higher and sustain their momentum, with BTC now targeting a movement to $8,000. Analysts are now noting that Bitcoin is clearly shifting its recent...

The post Bitcoin is a Clear Long After Forming Textbook Bottom, Claims Analyst appeared first on NewsBTC.

Bankers Might Not be as Clueless on Crypto as You Think, Says Analyst
11/29/2019 20:00

Cryptocurrency naysayers associated with global finance may not be as misinformed about the industry as some observers might like to think. One popular analyst says those he encounters have researched crypto assets and often provide well-reasoned criticism. However, others disagree, saying that there is a divide in the banking industry between those that don't get...

The post Bankers Might Not be as Clueless on Crypto as You Think, Says Analyst appeared first on NewsBTC.

Perceived Bitcoin Value Outpaced Peak Crypto Bubble Mania
11/29/2019 19:00

It's been an interesting and confusing year for Bitcoin price, with the crypto asset bottoming out in $3,100 at levels of extreme fear and panic, then in just a few months growing 350% and once again causing talk of moonshots and Lambos across the market. In fact, during the most recent "echo bubble" as it's...

The post Perceived Bitcoin Value Outpaced Peak Crypto Bubble Mania appeared first on NewsBTC.

Bitcoin Price Attempts to Reclaim 'Mega Bull Run' Moving Average
11/29/2019 18:00

Bitcoin price has been falling steadily for months now back into a deep downtrend, that's putting the asset at risk of erasing all of the gains from the 2019 parabolic rally, and putting any chance of a new bull run in Bitcoin in jeopardy. However, if Bitcoin price can reclaim a very important moving average...

The post Bitcoin Price Attempts to Reclaim 'Mega Bull Run' Moving Average appeared first on NewsBTC.

Accurate Trader Calls For $1K Bitcoin and Destruction of Crypto Industry
11/29/2019 16:59

It's almost been two full years since the crypto hype bubble, and the leading crypto asset by market cap, Bitcoin is trading at roughly 35% of the price it reached during that peak, while the rest of the asset class is in many instances still down 99% from their all-time high. However, one crypto trader...

The post Accurate Trader Calls For $1K Bitcoin and Destruction of Crypto Industry appeared first on NewsBTC.

Why Bitcoin Price May Soon Jump 15% to $8,500: Trader Who Foresaw Decline to $6,600
11/29/2019 12:00

It may have been Thanksgiving on Thursday, but Bitcoin (BTC) held its ground, managing to make a number of key time frame closes above the key $7,400 support level. As of the time of writing this, CoinMarketCap reports that the cryptocurrency is trading for $7,550, up a mere 0.12% in the past 24 hours. Altcoins...

The post Why Bitcoin Price May Soon Jump 15% to $8,500: Trader Who Foresaw Decline to $6,600 appeared first on NewsBTC.

 
 


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