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Bitcoin (BTC) Breakdown Below $7K Looms, Can Bulls Bounce Back? 12/16/2019 06:00 Bitcoin price is trading in a bearish zone below the $7,200 resistance against the US Dollar. The price is currently struggling to stay above the $7,000 support area. There is a connecting bearish trend line forming with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is... The post Bitcoin (BTC) Breakdown Below $7K Looms, Can Bulls Bounce Back? appeared first on NewsBTC. Bitcoin And Crypto Market Cap Remain In Downtrend: BCH, BNB, EOS, TRX Analysis 12/16/2019 05:30 The total crypto market cap is trading well below the $192.0B and $200.0B resistance levels. Bitcoin price is struggling to stay above the main $7,000 support area. EOS price is declining and it is likely to trade below the $2.500 support area. Binance Coin (BNB) is approaching the key $14.00 support area. BCH price is... The post Bitcoin And Crypto Market Cap Remain In Downtrend: BCH, BNB, EOS, TRX Analysis appeared first on NewsBTC. Ethereum by Numbers, Why ETH Prices Will Rebound in 2020 12/16/2019 05:00 Fundamentally, Ethereum has had a solid year with growth on many fronts. Unfortunately the same cannot be said for price which has now returned to crypto winter levels. All cryptocurrencies, with the possible exception of one or two, are bearish at the moment but Ethereum is likely to bounce back stronger next year. Ethereum Fundamentals... The post Ethereum by Numbers, Why ETH Prices Will Rebound in 2020 appeared first on NewsBTC. Ripple (XRP) Price Down 2%, Bears Sight $0.2000 Or Even Lower 12/16/2019 04:28 Ripple price is sliding and it is under pressure below the $0.2200 resistance against the US dollar. The price is now trading below $0.2150 and it could decline further below $0.2100. There is a crucial bearish trend line forming with resistance near $0.2180 on the hourly chart of the XRP/USD pair (data source from Kraken).... The post Ripple (XRP) Price Down 2%, Bears Sight $0.2000 Or Even Lower appeared first on NewsBTC. TV Personality Tells His Million Plus Followers Why He Bought Bitcoin 12/16/2019 04:00 There are many narratives for Bitcoin ownership but one constantly echoed is a hedge against failing fiat. A US consumer television personality and author recently told his burgeoning follower base on social media why he bought Bitcoin. Buy Bitcoin to Avoid Dollar Destruction Libertarian pundit John Stossel has been back on social media extolling the... The post TV Personality Tells His Million Plus Followers Why He Bought Bitcoin appeared first on NewsBTC. Ethereum (ETH) Recovery Won't Be Easy, Downtrend Persists 12/16/2019 03:38 Ethereum is struggling to recover above the $144 and $146 resistance levels against the US Dollar. The price is facing an uphill task and it could continue to move down below $140. There is a key bearish trend line forming with resistance near $143 on the hourly chart of ETH/USD (data feed via Kraken). The... The post Ethereum (ETH) Recovery Won't Be Easy, Downtrend Persists appeared first on NewsBTC. Despite 50% Crash, Bitcoin Still Up 96% in 2019; Can Bulls Maintain Uptrend? 12/16/2019 00:57 Bitcoin hasn't had the best second half of 2019. In fact, since the end of June, the leading cryptocurrency has collapsed by 50%, now trading at $7,000 after establishing a year-to-date peak at $14,000. This collapse has made many cryptocurrency critics revel. Mark Dow, a prominent hedge fund manager that became famous in the crypto... The post Despite 50% Crash, Bitcoin Still Up 96% in 2019; Can Bulls Maintain Uptrend? appeared first on NewsBTC. Ethereum Could See 16% Jump as Bottom Forms, Fundamentals Strong 12/15/2019 22:27 As Bitcoin has stalled, so too has the second-largest cryptocurrency, Ethereum (ETH). The popular altcoin has collapsed by some 50% from the year-to-date peak seen earlier this year just like Bitcoin, being crushed under the weight of a copious amount of PlusToken reserve liquidations and other sources of selling pressure hurting bulls. Despite the strong... The post Ethereum Could See 16% Jump as Bottom Forms, Fundamentals Strong appeared first on NewsBTC. Bitcoin Week in Review: Bears Attack Key Support, But Irresponsible Monetary Policy May Bolster Macro Outlook 12/15/2019 21:30 As we draw near the end of 2019, the events surrounding Bitcoin on a weekly basis are growing increasingly important, as how BTC trades within the next couple of weeks could set the tone for where it trends in the first part of the new year. This past week, the markets saw interesting price action... The post Bitcoin Week in Review: Bears Attack Key Support, But Irresponsible Monetary Policy May Bolster Macro Outlook appeared first on NewsBTC. Bitcoin's "Supertrend" Flips Red as Price Fails to Surmount Low-$7,000s 12/15/2019 20:30 According to a recent analysis done by Byzantine General, the SuperTrend indicator for the one-week Bitcoin chart has flipped red, meaning bearish, after a multi-month bullish period seen earlier this year. As the trader illustrated in the chart seen below, the last two times the SuperTrend turned red on the weekly Bitcoin chart led to... The post Bitcoin's "Supertrend" Flips Red as Price Fails to Surmount Low-$7,000s appeared first on NewsBTC. Update your subscription — Unsubscribe

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