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Bitcoin Price Still Has Potential to Dive to $5,500, Yet Macro Uptrend Still Intact
12/15/2019 06:18

Last week, the one-week Bitcoin chart printed an extremely bullish sign: the golden cross of the 50-week and 100-week simple moving averages, with the former crossing above the latter. (As an aside, a golden cross is when a short-term moving average crosses over a long-term one to imply bulls have control.) While this is a...

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Bitcoin Weekly Forecast: BTC Trend Overwhelmingly Bearish
12/15/2019 05:08

After struggling to recover above $7,300, bitcoin price started a fresh decline against the US Dollar. The price is currently trading in a bearish zone just above the $7,000 support area. There is a key bearish trend line forming with resistance near $7,260 on the 4-hours chart of the BTC/USD pair (data feed from Kraken)....

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Ethereum Price Weekly Forecast: ETH Primed For More Downsides
12/15/2019 04:08

ETH price is trading in a bearish zone below the $142 and $146 resistance levels against the US Dollar. The price is declining and it seems like it could continue to drop below $140. There is a major bearish trend line forming with resistance near $142 on the 4-hours chart of ETH/USD (data feed via...

The post Ethereum Price Weekly Forecast: ETH Primed For More Downsides appeared first on NewsBTC.

XRP Price Ready to See Strong Move; What Are Analysts Thinking?
12/15/2019 01:49

While all eyes have been on Bitcoin as of late, it may be time to pay XRP some heed. A top analyst recently noted that the popular altcoin is on the verge of seeing a bout of strong volatility, with the tug-of-war between both bulls and bears heating up on both sides, creating tighter and...

The post XRP Price Ready to See Strong Move; What Are Analysts Thinking? appeared first on NewsBTC.

What Miner Capitulation? Bitcoin Miners Confident in Price Prospects
12/15/2019 00:00

If you have perused Bitcoin and Crypto Twitter at all over the past few weeks, you've likely seen the term "miner capitulation" mentioned again and again. You see, over the past few months, the price of BTC has fallen off a proverbial cliff, tanking from $14,000 to $7,000 in a matter of months. As this...

The post What Miner Capitulation? Bitcoin Miners Confident in Price Prospects appeared first on NewsBTC.

Ethereum Could Plummet to Lower-$100 Level if Bulls Fail to Hold Key Support Level
12/14/2019 21:30

Ethereum has been closely tracking Bitcoin's price action in recent times, which has proven to be largely bearish. Both BTC and ETH are now trading at key support levels, and any further near-term downside could spark a massive capitulatory sell off that sends the cryptos reeling lower. For Ethereum, analysts are noting that $140 is...

The post Ethereum Could Plummet to Lower-$100 Level if Bulls Fail to Hold Key Support Level appeared first on NewsBTC.

Bitcoin Poised to Collapse Under $5,000? Market Cycle Fractal Suggests So
12/14/2019 20:49

Over the past few weeks, Bitcoin (BTC) has found itself consolidating in the low-$7,000s, holding this key support region as bears threaten the cryptocurrency's demise. While this consolidation has been bullish, in that selling pressure has abated for weeks, setting the stage for a bullish reversal, a market cycle analysis by a popular crypto trader...

The post Bitcoin Poised to Collapse Under $5,000? Market Cycle Fractal Suggests So appeared first on NewsBTC.

Bitcoin's Reaction to This Critical Level Could Determine How It Trends In 2020
12/14/2019 19:30

After an extended period of trading sideways around $7,200, Bitcoin's bears have once again gained control of the cryptocurrency and have sent to a key support level. BTC's bulls have so far been able to defend this level, but it remains unclear as to whether it will continue to hold as the weekend continues on....

The post Bitcoin's Reaction to This Critical Level Could Determine How It Trends In 2020 appeared first on NewsBTC.

What's the Best Way to Drive Bitcoin Adoption? Billionaire Says Crypto Giveaways
12/14/2019 18:26

Cryptocurrency has long been something given away. In fact, the first Bitcoin (no, not a whole coin) this writer ever received was through a BTC faucet, which if you remember are these services that play ads and grant viewers a few satoshis here or there, often $0.25 or so. According to a top philanthropist, giving...

The post What's the Best Way to Drive Bitcoin Adoption? Billionaire Says Crypto Giveaways appeared first on NewsBTC.

Could Bitcoin Price Press Higher as PlusToken Liquidations Slow?
12/14/2019 12:00

Over the past few months, the crypto industry has been awash with news about the PlusToken Bitcoin scam, which allowed scammers to accrue billions worth of digital assets over the course of a year-long operation. For some context, PlusToken was a cryptocurrency "wallet" and storage solution that gave users returns on their deposits and also...

The post Could Bitcoin Price Press Higher as PlusToken Liquidations Slow? appeared first on NewsBTC.

 
 


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