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Bitcoin Price Poised to Tumble in Coming Week, CME Futures Statistic Predicts 12/22/2019 08:37 Statistics show that the Bitcoin price may be on the verge of seeing a red week. No, by red I don't mean Christmas, I mean a week in which the cryptocurrency falls, potentially to enter back in the range of the $6,000s. Related Reading: Lightning Works: Bitcoin Podcaster Finds Restaurant Shunning Banks for BTC Bitcoin Futures'... The post Bitcoin Price Poised to Tumble in Coming Week, CME Futures Statistic Predicts appeared first on NewsBTC. Why This Investor Thinks There's No Way the Bitcoin Halving Is Priced In 12/22/2019 06:50 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: XRP Could... The post Why This Investor Thinks There's No Way the Bitcoin Halving Is Priced In appeared first on NewsBTC. Bitcoin Weekly Forecast: Is This Right Time To Buy BTC? 12/22/2019 06:00 There was a nice upward move in bitcoin price from the $6,435 low against the US Dollar. The price is now trading nicely above the $7,000 and $6,960 support levels. There is likely a bullish continuation pattern forming resistance near $7,180 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price... The post Bitcoin Weekly Forecast: Is This Right Time To Buy BTC? appeared first on NewsBTC. Ethereum Price Weekly Forecast: ETH Holding Uptrend Support 12/22/2019 05:08 ETH price started an upside correction and climbed above the $125 resistance against the US Dollar. The price is currently consolidating above $125 and it could continue to recover. There is a key bearish trend line forming with resistance near $132 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could dip... The post Ethereum Price Weekly Forecast: ETH Holding Uptrend Support appeared first on NewsBTC. XRP Could Soon Fall Against Bitcoin, Analyst Warns as Pressure Builds 12/21/2019 22:53 Over the past few days, Bitcoin has strongly outperformed altcoins, especially Ethereum and XRP. On Wednesday, when BTC was trading 8% down on the week, both ETH and XRP — the second and third-largest cryptocurrencies by market capitalization, respectively — were down nearly 15% since the weekly open, crushed under the pressure of BTC volatility.... The post XRP Could Soon Fall Against Bitcoin, Analyst Warns as Pressure Builds appeared first on NewsBTC. Why a Top Analyst Thinks Bitcoin Remains Bearish Despite $1,000 Jump 12/21/2019 22:00 Since trading as low as $6,400 this week, Bitcoin (BTC) has seen a strong price recovery, surging as high as $7,300 late last week as bulls managed to defend key levels. In other words, the leading cryptocurrency jumped by nearly $1,000 from the multi-month bottom, making some believe that bulls are back. A top analyst,... The post Why a Top Analyst Thinks Bitcoin Remains Bearish Despite $1,000 Jump appeared first on NewsBTC. Why Ethereum Can Still Drop 35% Despite Ongoing Bitcoin Recovery 12/21/2019 21:30 Ethereum (ETH) has been facing bearish price action over the past several days and weeks, which comes about concurrently with a recent and ongoing Bitcoin recovery that has allowed BTC to put significant distance between its current price and its recent lows. Ethereum's bearishness may have been perpetuated by a violent rejection at a key... The post Why Ethereum Can Still Drop 35% Despite Ongoing Bitcoin Recovery appeared first on NewsBTC. This Simple Indicator Implies Bitcoin Price is Nearing Macro Bottom 12/21/2019 19:53 Is the bottom in? Since Bitcoin (BTC) fell precipitously to $6,600 late last month, analysts have been asking if the leading cryptocurrency has finally found a price bottom after a multi-month downturn. Related Reading: Eat My Shorts: Everything You Need To Know About The Bitcoin Bart Pattern Analysts have understandably divided over the question, as the... The post This Simple Indicator Implies Bitcoin Price is Nearing Macro Bottom appeared first on NewsBTC. Ripple CEO Claims Half of Top 20 Banks Will Own Crypto in 2020; Is This Feasible? 12/21/2019 19:52 The finance industry as a whole has been hesitant to embrace or adopt crypto in any forms, with many major figures within the industry claiming that Bitcoin and other digital assets are simply speculation tools that investors use to try to turn quick profits, rather than revolutionary technologies that could help usher in a new... The post Ripple CEO Claims Half of Top 20 Banks Will Own Crypto in 2020; Is This Feasible? appeared first on NewsBTC. Crypto Tidbits: Bitcoin Returns to $7,200, Ripple Bags $200M Cheque, Tron CEO Donates to Greta Thunberg 12/21/2019 18:46 Another week, another round of Crypto Tidbits. This week has been quite a tumultuous one for the Bitcoin market. As of the time of writing this, the cryptocurrency is effectively flat on the week, posting a slight loss of 1%. But this statistic hides the truth: this week has seen BTC undergo two 10% swings, one to... The post Crypto Tidbits: Bitcoin Returns to $7,200, Ripple Bags $200M Cheque, Tron CEO Donates to Greta Thunberg appeared first on NewsBTC. Update your subscription — Unsubscribe

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