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Bloomberg Host Bashes Bitcoin Stock to Flow Price Prediction Model
12/24/2019 08:00

There are plenty of metrics and models used to anticipate the future price of Bitcoin. A popular one is stock to flow ratio but one Bloomberg host has called it nonsense adding that coin supply has little effect on BTC prices. Bitcoin S2F Prediction Model 'Nonsense' According to economics reference materials, stock to flow is...

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Ethereum Dumps Again, Will Another Upgrade Effect ETH Prices?
12/24/2019 07:00

Fundamentally Ethereum has had a solid year. Granted, development has been a little delayed with certain aspects but it is the largest dApp and smart contract platform in the world so this is to be expected. Another hard fork is due in less than two weeks, but will ETH prices finally react? Ethereum Dumps Again...

The post Ethereum Dumps Again, Will Another Upgrade Effect ETH Prices? appeared first on NewsBTC.

Bitcoin Trading Near Make-or-Break Levels, 100 SMA Holds Key
12/24/2019 06:00

Bitcoin price failed to extend gains above $7,700 and declined more than $400 against the US Dollar. The price is now trading below $7,400 and it declined close to the $7,260 support area. Earlier, there was a break below a contacting triangle with support near $7,500 on the hourly chart of the BTC/USD pair (data...

The post Bitcoin Trading Near Make-or-Break Levels, 100 SMA Holds Key appeared first on NewsBTC.

Ripple Bears Advance Warning To Bitcoin And Ethereum Bulls
12/24/2019 04:28

Ripple price is still struggling to gain momentum and declining below $0.1920 against the US dollar. Yesterday, XRP failed to rise substantially, while bitcoin and Ethereum climbed more than 5%. Recently, there was a break below a major bullish trend line with support near $0.1955 on the hourly chart of the XRP/USD pair (data source...

The post Ripple Bears Advance Warning To Bitcoin And Ethereum Bulls appeared first on NewsBTC.

Ethereum Down 5%, But Market Sentiment Is Still Positive
12/24/2019 03:45

Ethereum is down more than 5% and it broke the $130 support area against the US Dollar. The price is currently testing the $125 and $126 support levels, with a positive bias. Earlier, there was a break below a contracting triangle with support near $132 on the hourly chart of ETH/USD (data feed via Kraken)....

The post Ethereum Down 5%, But Market Sentiment Is Still Positive appeared first on NewsBTC.

$7,700 to $7,300: Where Bitcoin Is Heading After Violent Rejection
12/24/2019 01:30

Bitcoin (BTC) has been caught in a firm uptrend over the past several days, which has primarily been the result of the massive upwards momentum that was sparked when it tapped lows of $6,400 earlier last week. This momentum led BTC as high as $7,700 today before it was met with significant resistance that led...

The post $7,700 to $7,300: Where Bitcoin Is Heading After Violent Rejection appeared first on NewsBTC.

Same Bitcoin Price Signal That Preceded 330% Jump Flashes Again
12/24/2019 00:30

After months of brutal downtrend, it seems that bulls are returning to the Bitcoin (BTC) market. Since the leading cryptocurrency hit $6,400 earlier this month, bulls have taken control of the asset, pushing it from those multi-month lows to as high as $7,700 just this morning prior to a 4% drop. Related Reading: CME Futures Data:...

The post Same Bitcoin Price Signal That Preceded 330% Jump Flashes Again appeared first on NewsBTC.

XRP Poised for a Bigger Loss Despite Ripple's Mammoth $200M Funding Round
12/23/2019 23:00

XRP has been facing some bearish price action in recent times despite the ongoing recovery seen across the aggregated crypto markets and the increasing investments that Ripple is making to further enhancing the token's utility. Analysts are noting that this lackluster price action is likely to result in further downside for XRP in the near-term,...

The post XRP Poised for a Bigger Loss Despite Ripple's Mammoth $200M Funding Round appeared first on NewsBTC.

Is the Bitcoin Bull Market Here? Indicator Signals Massive Trend Shift is Imminent
12/23/2019 21:00

Ever since Bitcoin plummeted to lows of $6,400 last week, BTC and the aggregated crypto markets have been caught within a firm upwards tailwind that has led many investors to believe that the market's recent lows will ultimately mark a long-term bottom. One key technical indicator that has historically predicted both the beginnings and ends...

The post Is the Bitcoin Bull Market Here? Indicator Signals Massive Trend Shift is Imminent appeared first on NewsBTC.

Bitcoin Price Poised to Press $8,000, Analysts Assert After 4% Drop
12/23/2019 20:33

At long last, Bitcoin (BTC) has started to show signs of life. Over the past 48 hours, the cryptocurrency has pressed higher, moving past the tight range in the $7,100s it was stuck in for days. Related Reading: CME Futures Data: Institutions Still Wary Despite Bitcoin's Bullish Signs By Monday morning, the cryptocurrency was trading as...

The post Bitcoin Price Poised to Press $8,000, Analysts Assert After 4% Drop appeared first on NewsBTC.

 
 


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