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Bitcoin (BTC) Turns Short Term Bearish But Holding Key Support 12/10/2019 06:00 Bitcoin price traded to a new weekly high at $7,664 and declined recently against the US Dollar. The price is now trading below the $7,420 and $7,400 support levels. There is a key bearish trend line forming with resistance near $7,525 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair... The post Bitcoin (BTC) Turns Short Term Bearish But Holding Key Support appeared first on NewsBTC. Bitcoin And Crypto Market Cap Declining: BCH, BNB, EOS, TRX Analysis 12/10/2019 05:30 The total crypto market cap is declining and it is now well below the $200.0B resistance. Bitcoin price is down close to 2% and it is now trading below the $7,400 support. EOS price is approaching the $2.600 support area and it could bounce back. Binance Coin (BNB) is currently down around 3% and it... The post Bitcoin And Crypto Market Cap Declining: BCH, BNB, EOS, TRX Analysis appeared first on NewsBTC. Bitcoin Bears Back on Bakkt Launch as Markets Tumble Again 12/10/2019 05:00 Around $6 billion has been dumped out of crypto markets over the past few hours as the bears return again. Coincidentally it has happened again, right after Bakkt launched more institutional investment products for Bitcoin. Bitcoin Barrels Towards $7k BTC charts were looking positive during late trading yesterday but the Asian session changed all of... The post Bitcoin Bears Back on Bakkt Launch as Markets Tumble Again appeared first on NewsBTC. Ripple (XRP) Price Starts Fresh Decrease: BTC & ETH Trimming Gains 12/10/2019 04:28 Ripple price is currently declining from the key $0.2320 resistance area against the US dollar. The price is now trading below $0.2260 and it is showing a few bearish signs. Yesterday's major bullish trend line was breached with support near $0.2280 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is... The post Ripple (XRP) Price Starts Fresh Decrease: BTC & ETH Trimming Gains appeared first on NewsBTC. Cryptocurrency Liquidity Issues Clear as MATIC Collapses 70% in an Hour 12/10/2019 03:15 The reason the majority of the cryptocurrency market has under-performed this year is lack of liquidity. Add margin trading to that and the potential of massive cascades in price arises as holders of the altcoin MATIC have just found out. Cryptocurrency Collapse: MATIC Dumps 70% A few hours ago MATIC dumped a whopping 70% in... The post Cryptocurrency Liquidity Issues Clear as MATIC Collapses 70% in an Hour appeared first on NewsBTC. Ethereum (ETH) Stuck In Range Below Key Resistance, Bitcoin Struggling 12/10/2019 03:08 Ethereum is struggling to clear the key $152 resistance area against the US Dollar. The price is declining and it is now trading near the $146 support area. Yesterday's major bullish trend line was breached with support near $148 on the hourly chart of ETH/USD (data feed via Kraken). The price could continue to move... The post Ethereum (ETH) Stuck In Range Below Key Resistance, Bitcoin Struggling appeared first on NewsBTC. If Bitcoin Price Closes Under $7,400, Strong Drop Could Follow; Here's Why 12/09/2019 23:24 Bitcoin has finally started to show some signs of weakness after stagnating above $7,500 for days on end, recently dipping under the key support in and around $7,400. As of the time of writing this, the cryptocurrency is trading for $7,350 on many major exchanges, posting a 2% loss in the past 24 hours. Related... The post If Bitcoin Price Closes Under $7,400, Strong Drop Could Follow; Here's Why appeared first on NewsBTC. Bakkt Scorned as Cash-Settled Bitcoin Futures Launch in Singapore 12/09/2019 23:00 It appears that the digital currency community has very much fallen out of love with the Bakkt platform. Prior to its launch, the ICE-backed Bitcoin futures platform was heralded as one of the most positive development for digital currency. However, less than three months later, as the platform is busy launching more Bitcoin derivatives, people... The post Bakkt Scorned as Cash-Settled Bitcoin Futures Launch in Singapore appeared first on NewsBTC. Bitcoin's Response to its 89-Day EMA May Set the Tone for How it Trends in 2020 12/09/2019 22:00 Bitcoin has once again found itself stuck within a boring period of sideways trading as it finds stability around $7,500. This sideways trading has come about concurrently with BTC hovering just above its 89-day EMA level, which may provide valuable insight into which direction it will trend in the mid-term. Analysts are favoring a bearish... The post Bitcoin's Response to its 89-Day EMA May Set the Tone for How it Trends in 2020 appeared first on NewsBTC. Despite Rising Ripple Transaction Volume, Analyst Says XRP Still Incredibly Weak 12/09/2019 21:00 XRP – the digital token closely associated to FinTech company Ripple – has had a rough couple of years, plummeting from highs of over $3.00 in early-2018 and finding itself caught within a firm downtrend that has persisted throughout all of 2018 and 2019. Although many major altcoins saw some relief in the first half... The post Despite Rising Ripple Transaction Volume, Analyst Says XRP Still Incredibly Weak appeared first on NewsBTC. Update your subscription — Unsubscribe

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