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Three Reasons Why Bitcoin May Have Just Short-term Bottomed After Big Spike
12/19/2019 08:00

Bitcoin is leading crypto markets back into the green again today but they have a long way to go before anything can be considered 'healthy'. The 14% bounce could simply be a bull trap or BTC may finally have been at the bottom and readying for another run. Bitcoin Bounces Back This week has been...

The post Three Reasons Why Bitcoin May Have Just Short-term Bottomed After Big Spike appeared first on NewsBTC.

Bitcoin Jumps 10%, PlusToken Moves $100m of Ethereum; Can it End the Rally?
12/19/2019 07:21

Bitcoin didn't start the week off hot. On Monday and Tuesday, the leading cryptocurrency tanked, falling by 10 percent in 48 hours' time. Altcoins followed suit, with Ethereum's price performance actually going into the red on the year, accentuating the severity of this strong sell-off. Though, it seems that bulls aren't going gentle into this good night....

The post Bitcoin Jumps 10%, PlusToken Moves $100m of Ethereum; Can it End the Rally? appeared first on NewsBTC.

Why This Analysis Puts Ethereum Bottom At $55
12/19/2019 07:00

Price predictions using technical analysis can produce a wide range of results for a crypto asset. One analyst has predicted an Ethereum capitulation into double digits if the current trend continues. ETH Death Imminent? Ethereum and its crypto brethren have bounced back today but the overall trend is still heavily bearish. From an intraday low...

The post Why This Analysis Puts Ethereum Bottom At $55 appeared first on NewsBTC.

Bitcoin (BTC) Above $7,500 Would Make Case for Larger Rally
12/19/2019 06:00

Bitcoin price reversed its losses and settled above $7,000 against the US Dollar. The price rallied close to the $7,500 resistance area, where sellers emerged. Earlier, there was a break above a key bearish trend line with resistance near $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). A correction is...

The post Bitcoin (BTC) Above $7,500 Would Make Case for Larger Rally appeared first on NewsBTC.

Bitcoin's Seasonality: Doing the Right Thing at the Right Season Is a Great Art
12/19/2019 06:00

The price of bitcoin has extended its losses to below 7000 levels as the gloomy sentiment has been looming the broader cryptocurrency markets. While the hype of the next BTC halving has been gradually building up as we are about to wrap up 2019, the seasonal pattern shows that BTC markets could be relatively calm...

The post Bitcoin's Seasonality: Doing the Right Thing at the Right Season Is a Great Art appeared first on NewsBTC.

Bitcoin & Crypto Market Signaling Bullish Reversal: BNB, BCH, LTC, EOS Analysis
12/19/2019 05:30

The total crypto market cap is up more than $20.0B and it climbed back above $185.0B. Bitcoin price is up more than 10% and it broke the key $7,000 resistance area. Litecoin (LTC) price is gaining traction and it is back above the $40.00 pivot level. BCH price is correcting higher and moving towards the...

The post Bitcoin & Crypto Market Signaling Bullish Reversal: BNB, BCH, LTC, EOS Analysis appeared first on NewsBTC.

Ripple (XRP) Struggles While Bitcoin & Ethereum Reverse Sharply
12/19/2019 04:28

Ripple price is currently correcting higher from the $0.1741 low against the US dollar. It seems like the bulls are struggling to clear the $0.2000 resistance area. Yesterday's highlighted major bearish trend line is active with resistance near $0.2050 on the hourly chart of the XRP/USD pair (data source from Kraken). Bitcoin rallied more than...

The post Ripple (XRP) Struggles While Bitcoin & Ethereum Reverse Sharply appeared first on NewsBTC.

Ethereum (ETH) Reversal On Cards, Bitcoin Pump Warning Went Well
12/19/2019 03:08

Ethereum is up more than 8% from the recent low of $115 against the US Dollar. The price is showing signs of a trend reversal, but it must surpass $135. Earlier, there was a break above a connecting bearish trend line with resistance near $122 on the hourly chart of ETH/USD (data feed via Kraken)....

The post Ethereum (ETH) Reversal On Cards, Bitcoin Pump Warning Went Well appeared first on NewsBTC.

How Bitcoin Avoided a Much Deeper Pullback with a Timely Reaction from Bulls
12/19/2019 01:00

Bitcoin's bullish response to its capitulatory overnight drop to lows of $6,400 has now resulted in the cryptocurrency incurring a significant amount of bullish momentum that has allowed BTC to break back into the $7,000 region. This bullish response came about after BTC tapped a key support line when it visited these recent lows, and...

The post How Bitcoin Avoided a Much Deeper Pullback with a Timely Reaction from Bulls appeared first on NewsBTC.

This Surprising Cryptocurrency Could Spark the Next Market Wide Rally
12/18/2019 23:00

The cryptocurrency markets have been caught in the throes of immense volatility over the past few days, with Bitcoin plummeting to lows of $6,400 earlier this morning before posting a strong rally back up towards $7,000. With the exception of Bitcoin's recovery today, this volatile price action has primarily favored sellers. The ongoing downtrend may...

The post This Surprising Cryptocurrency Could Spark the Next Market Wide Rally appeared first on NewsBTC.

 
 


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