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Bitcoin (BTC) Signaling Bearish Continuation, $7K Support At Risk 12/02/2019 06:00 Bitcoin price is struggling to hold a couple of important supports near $7,200 against the US Dollar. The price is likely to continue lower below the $7,200 and $7,000 support levels. There is a major bearish trend line forming with resistance near $7,390 on the hourly chart of the BTC/USD pair (data feed from Kraken).... The post Bitcoin (BTC) Signaling Bearish Continuation, $7K Support At Risk appeared first on NewsBTC. What the Potential Loss of Millions of Dollars From Crypto Exchange Shows About the Industry 12/02/2019 05:45 This year has had more than its fair share of scandals involving crypto exchanges and their shady owners. It seems that they are not finished yet as reports are emerging of another exchange boss doing a runner with the keys to the crypto wallets on a relatively unknown Asian exchange. Crypto Exchange IDAX CEO 'Missing'... The post What the Potential Loss of Millions of Dollars From Crypto Exchange Shows About the Industry appeared first on NewsBTC. Ripple (XRP) Price Remains Supported For More Upsides 12/02/2019 04:28 Ripple price is holding a couple of important supports near $0.2180 and $0.2150 against the US dollar. The price is currently facing resistance near the $0.2260 and $0.2300 levels. There is a major bearish trend line forming with resistance near $0.2260 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair... The post Ripple (XRP) Price Remains Supported For More Upsides appeared first on NewsBTC. Altcoin Apocalypse: The Number of Dying Crypto Currencies Is Rising 12/02/2019 04:15 The big crypto boom of late 2017 is a long distant memory today. Pretty much every altcoin out there was surging by ridiculous proportions as the wave of FOMO swept the scene. Today the majority of crypto currencies are melting down and many simply will not survive another winter. Crypto Assets on Death Row Total... The post Altcoin Apocalypse: The Number of Dying Crypto Currencies Is Rising appeared first on NewsBTC. Ethereum (ETH) Setting For Breakout or Further Decline? 12/02/2019 03:08 Ethereum is holding the key $145 support area and recovering against the US Dollar. The price is currently facing a strong resistance near the $152 area. Earlier, there was a break above a major bearish trend line with resistance near $150 on the hourly chart of ETH/USD (data feed via Kraken). The price remains well... The post Ethereum (ETH) Setting For Breakout or Further Decline? appeared first on NewsBTC. Bitcoin Price's November Close Triggers Medium-Term Sell Signals 12/01/2019 23:47 Earlier today, NewsBTC reported that CryptoThies, a popular analyst, noted that the Chaikin Money Flow (CMF) for Bitcoin was trending positive. The CMF, an oscillating indicator that is derived from the MACD to signal market strength, suggested that "smart money is just now flowing into the market and is trending upwards," indicating that the cryptocurrency... The post Bitcoin Price's November Close Triggers Medium-Term Sell Signals appeared first on NewsBTC. Analyst: Ethereum Poised for Further Downside as Support Begins Evaporating 12/01/2019 21:30 Ethereum's price action has been strikingly similar to Bitcoin's over the past several days and weeks, with ETH's correlation to BTC growing stronger as the volatility seen within the aggregated crypto market ramps up. Analysts are noting that Ethereum may be positioned for further downside in the near-term, which could be driven by the lack... The post Analyst: Ethereum Poised for Further Downside as Support Begins Evaporating appeared first on NewsBTC. Strong NYSE Composite, Dow Jones May Give Bitcoin a Boost Into 2020 12/01/2019 20:00 As Bitcoin (BTC) has floundered over the past few months, falling by 50% from $14,000 to $7,300, American equities have been performing rather well. Earlier this week, the S&P 500 set an all-time high at 3,150, and the index has gained some 25% in the past year alone — likely one of the strongest years... The post Strong NYSE Composite, Dow Jones May Give Bitcoin a Boost Into 2020 appeared first on NewsBTC. Bitcoin Indicator Suggests Money Flowing Into Market: Price Bounce Incoming? 12/01/2019 19:00 For some reason or another, bearish sentiment has swept the Bitcoin market; now, you have countless cryptocurrency investors calling for another 80% decline in the market capitalization of digital assets. Despite this harrowing sentiment, an analyst has asserted that the proverbial crypto ball remains in favor of the bulls from a long-term perspective. Popular analyst... The post Bitcoin Indicator Suggests Money Flowing Into Market: Price Bounce Incoming? appeared first on NewsBTC. Analysts Flip Long on Bitcoin After Bulls Thwart Brief Sell-Off 12/01/2019 18:00 Bitcoin's bulls and bears have been engaged in a heated battle over the past several days and weeks, with BTC's latest bout of volatility being a sharp downtrend that followed its recent attempt to surge past $8,000. Analysts are now noting that they anticipate Bitcoin to see further gains in the near-term, with this notion... The post Analysts Flip Long on Bitcoin After Bulls Thwart Brief Sell-Off appeared first on NewsBTC. Update your subscription — Unsubscribe

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