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Despite 15% Bounce, Bitcoin Price Still Bearish on Weekly: Analyst 12/01/2019 08:26 After hitting $6,600, Bitcoin (BTC) saw a strong price bounce, returning to $7,800 just yesterday. Though, analysts have asserted that the cryptocurrency market remains in a weak state, despite the nearly 20% recovery that has been seen over the past week. Related Reading: Dr. Doom: Ethereum Still a Long Way From $0, Its True "Fundamental Value"... The post Despite 15% Bounce, Bitcoin Price Still Bearish on Weekly: Analyst appeared first on NewsBTC. Ethereum Price Weekly Forecast: ETH At Potentially Significant Turning Point 12/01/2019 06:00 ETH price is currently trimming gains from the $158 resistance area against the US Dollar. The price is now approaching a couple of important supports near the $144 area. Earlier, there was a break above a major bearish trend line with resistance near $152 on the 4-hours chart of ETH/USD (data feed via Kraken). The... The post Ethereum Price Weekly Forecast: ETH At Potentially Significant Turning Point appeared first on NewsBTC. Bitcoin Weekly Forecast: BTC Eyeing Last Line Of Defense 12/01/2019 05:00 After a decent recovery, bitcoin price faced resistance near the $7,880 level against the US Dollar. The price is currently correcting gains and it is trading near the $7,300 support area. There is a crucial bearish trend line forming with resistance near $7,678 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).... The post Bitcoin Weekly Forecast: BTC Eyeing Last Line Of Defense appeared first on NewsBTC. Party is Over: Bitcoin Slips to $7,400, Making $6,000s a Possibility Again 12/01/2019 00:07 After hitting $6,600, Bitcoin (BTC) saw a strong price bounce, returning to $7,800 just yesterday. This marked an increase of nearly 20% from the bottom, making some convinced that the bottom is in. Though, over the past 12 hours, the cryptocurrency has started to slip once again, eliciting bearish responses from an array of industry... The post Party is Over: Bitcoin Slips to $7,400, Making $6,000s a Possibility Again appeared first on NewsBTC. Will Ethereum's Fundamentals Propel it Higher? Analysts are Conflicted 11/30/2019 21:30 Ethereum has been closely tracking Bitcoin's price action over the past several days and weeks, with BTC leading ETH to put some significant distance between its current price levels and recent lows, but the aggregated crypto markets now appear to be at risk of incurring further near-term downside. Analysts are now debating whether or not... The post Will Ethereum's Fundamentals Propel it Higher? Analysts are Conflicted appeared first on NewsBTC. Crypto Tidbits: Bakkt's Bitcoin Futures Surge, UpBit Hacked for $50 Million in Ethereum, US Arrests Blockchain Researcher 11/30/2019 21:00 Another week, another round of Crypto Tidbits. Surprisingly, Bitcoin (BTC), saw some relatively strong performance over the past seven days, gaining 2% according to Coin360. This came after the leading cryptocurrency tapped $6,600 in a surprise flash crash late last week, shocking investors the world over. The past week was an interesting one for the industry... The post Crypto Tidbits: Bakkt's Bitcoin Futures Surge, UpBit Hacked for $50 Million in Ethereum, US Arrests Blockchain Researcher appeared first on NewsBTC. Bitcoin at Risk of Reversing Upwards Momentum as Bears Fight Back 11/30/2019 19:30 After making a strong attempt to break above $8,000 yesterday, Bitcoin (BTC) lost the momentum that it had been gaining over the past couple of days and has begun to descend back down towards the lower-$7,000 region. The cryptocurrency's inability to break above $8,000 has led analysts to conclude that BTC could be at risk... The post Bitcoin at Risk of Reversing Upwards Momentum as Bears Fight Back appeared first on NewsBTC. "All-Knowing" Bitcoin Fractal That Predicted Drop to $6,600: BTC to Fall 20% 11/30/2019 18:00 Bitcoin's precipitous drop to $6,600 seen earlier this month caught many traders aback; nearly no one, not even the top traders and analysts, expected for that price action to play out as it did in real life. Few predicted the subsequent bounce to $7,800, where BTC sits as of the time of writing this, too.... The post "All-Knowing" Bitcoin Fractal That Predicted Drop to $6,600: BTC to Fall 20% appeared first on NewsBTC. Quitting Crypto Now is Akin to Selling Amazon in 2003: Analyst 11/30/2019 12:00 There is no doubt that the crypto industry hasn't been doing too hot over recent months. Since topping in June, Bitcoin (BTC) has collapsed by over 40%, falling from $14,000 to $7,800, where the cryptocurrency sits as of the time of writing this. This price collapse has been marked by a capitulation in investors and... The post Quitting Crypto Now is Akin to Selling Amazon in 2003: Analyst appeared first on NewsBTC. Update your subscription — Unsubscribe

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