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Three Main Reasons Why Bitcoin is Setting Up For a New Bull Rally 12/20/2019 08:00 The week is drawing to a close with Bitcoin back above $7,000 which keeps it consolidating as the bulls and bears battle it out. Long term trend lines are holding as is strong support but those are not the only reasons why the next bull run could be imminent. Bitcoin Holds Major Support Since its... The post Three Main Reasons Why Bitcoin is Setting Up For a New Bull Rally appeared first on NewsBTC. Why Bitcoin Is The Answer To Central Bank Monetary Madness 12/20/2019 07:00 Bitcoin is many things to many people, for some it is a way to make a quick buck day trading, for others a hedge against political and economic adversity and a failing banking system. Regardless of its price fluctuations, BTC does something banks never can, it empowers the people that hold it. Bitcoin Beats Banks... The post Why Bitcoin Is The Answer To Central Bank Monetary Madness appeared first on NewsBTC. Bitcoin (BTC) Hesitates But Further Gains Seem Likely 12/20/2019 06:00 Bitcoin price is consolidating gains above the key $7,000 support area against the US Dollar. The price could dip towards the $6,960 support before it starts a fresh increase. There is a short term contracting triangle forming with resistance near $7,135 on the hourly chart of the BTC/USD pair (data feed from Kraken). The bulls... The post Bitcoin (BTC) Hesitates But Further Gains Seem Likely appeared first on NewsBTC. Bitcoin And Crypto Market On The Edge: BCH, Litecoin, EOS, XLM Analysis 12/20/2019 05:30 The total crypto market cap is likely preparing for the next move above $190.0B. Bitcoin price is holding the main $7,000 pivot level and consolidating gains. Litecoin (LTC) price is currently struggling to settle above the $40.00 region. Bitcoin cash price is consolidating near the $185 level, with hurdles near $192 and $195. EOS price... The post Bitcoin And Crypto Market On The Edge: BCH, Litecoin, EOS, XLM Analysis appeared first on NewsBTC. Why Staking is Becoming A Hot Topic 12/20/2019 05:09 In the last 12 months, cryptocurrency holders around the world have demonstrated a remarkable shift in sentiment after a huge uptick in cryptocurrency trading volume burned the hands of numerous traders. As such, both short-term and long-term holders are beginning to look for low risk, stable investment options that generate a healthy profit. Among these... The post Why Staking is Becoming A Hot Topic appeared first on NewsBTC. Ripple (XRP) Targets Fresh Lows Despite Positive Crypto Sentiment 12/20/2019 04:28 Ripple price is still trading in the red zone below the $0.2000 resistance against the US dollar. The price is declining and it could soon break the $0.1840 support area to continue lower. This week's key bearish trend line is still active with resistance near $0.2055 on the hourly chart of the XRP/USD pair (data... The post Ripple (XRP) Targets Fresh Lows Despite Positive Crypto Sentiment appeared first on NewsBTC. Ethereum (ETH) Could Dip And Rip Again, Bitcoin Turns Bullish 12/20/2019 03:08 Ethereum is correcting lower from $135 and it is trading above $125 against the US Dollar. The price is likely to remain in a positive zone as long as it is above $120. There is a breakout pattern forming with resistance near $128 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin is... The post Ethereum (ETH) Could Dip And Rip Again, Bitcoin Turns Bullish appeared first on NewsBTC. Bitcoin Continues Defending Critical Multi-Year Trendline, But How Long Will Bulls Last? 12/20/2019 01:00 Bitcoin's bulls have lost the overwhelming strength they incurred yesterday when they propelled BTC off of its recent lows of $6,400, as the crypto has now lost nearly all of the momentum that it incurred during the course of this fleeing rally. It is important to note that this recent rally marked an ardent defense... The post Bitcoin Continues Defending Critical Multi-Year Trendline, But How Long Will Bulls Last? appeared first on NewsBTC. Grayscale Sees Massive Bitcoin Inflow and It Means Institutions are Here 12/19/2019 23:24 Institutions have long been looked upon by Bitcoin and crypto investors as a mysterious force that would help catalyze the next major bull run. Throughout 2019, however, there was much less brazen institutional involvement than was previously expected, which greatly disappointed embattled investors. In spite of this, a recent report from a digital asset management... The post Grayscale Sees Massive Bitcoin Inflow and It Means Institutions are Here appeared first on NewsBTC. Why Bitcoin's 2020 Halving Will Catalyze "FOMO" and "Large Bull Run" 12/19/2019 22:00 In less than six months' time, Bitcoin will see an extremely important event. Known as a "halving" or "halvening," the number of coins issued per block to miners will get cut in half from 12.5 to 6.25, effectively meaning that BTC's inflation rate will be cut in half in layman's terms. Related Reading: Don't Withdraw... The post Why Bitcoin's 2020 Halving Will Catalyze "FOMO" and "Large Bull Run" appeared first on NewsBTC. Update your subscription — Unsubscribe

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