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Bitcoin Could Dump to $5,000 If This Pattern Plays Out
12/26/2019 08:00

The consolidation for the entire month of December has continued for Bitcoin as it holds above key support. If the next moves down are similar to the previous ones however it could soon be as low as $5,000 according to one analyst. Bitcoin Consolidation Continues For another day BTC has held above $7,000 as its...

The post Bitcoin Could Dump to $5,000 If This Pattern Plays Out appeared first on NewsBTC.

Ethereum Angst Mounts as New Year's Day Upgrade Nears
12/26/2019 07:00

The world's second largest crypto asset is about to have a miserable end to 2019. Ethereum prices keep collapsing and now the community is growing increasingly riled over the timing of the next network upgrade. Ethereum FUD Escalating Holders of ETH will be doing anything but celebrating this festive season as prices continue to crumble....

The post Ethereum Angst Mounts as New Year's Day Upgrade Nears appeared first on NewsBTC.

Bitcoin at Major Crossroads, Can Bulls Protect $7,000?
12/26/2019 06:00

Bitcoin price is just holding the key $7,120 and $7,000 support levels against the US Dollar. A bearish break below the $7,000 support could start a short term downtrend. There are two bearish trend lines forming with resistance near $7,240 and $7,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The...

The post Bitcoin at Major Crossroads, Can Bulls Protect $7,000? appeared first on NewsBTC.

Ripple Losses Favored, Bitcoin & Ethereum In Steady Decrease
12/26/2019 04:28

Ripple price is now trading well below the $0.2000 and $0.1950 supports against the US dollar. XRP is facing hurdles, while bitcoin and Ethereum are declining steadily. There is a connecting bearish trend line forming with resistance near $0.1890 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could continue...

The post Ripple Losses Favored, Bitcoin & Ethereum In Steady Decrease appeared first on NewsBTC.

Can Ethereum Sellers Keep The Decrease Going Below $125?
12/26/2019 03:14

Ethereum is slowly moving down and it recently broke the $125 support against the US Dollar. The price is now facing a couple of key hurdles near the $126 and $128 levels. Yesterday's key bearish trend line is active with resistance near $127 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin is...

The post Can Ethereum Sellers Keep The Decrease Going Below $125? appeared first on NewsBTC.

Five Reasons Why Bitcoin Price is Bullish Heading Into 2020
12/26/2019 01:30

The past few months haven't been too kind to Bitcoin. Case in point, since peaking at $14,000 this June, the cryptocurrency has fallen by 50%, tumbling as low as $6,400 due to selling pressure from PlusToken and weak hands. Despite this strong retracement, a popular analyst is convinced that the future is bright for BTC....

The post Five Reasons Why Bitcoin Price is Bullish Heading Into 2020 appeared first on NewsBTC.

Why Did Youtube Crack Down on Crypto Channels? Lawyer Weighs In
12/25/2019 23:45

If you've been on Crypto Twitter at all over the past 48 hours, you've likely heard the plight of many Youtubers covering the Bitcoin and cryptocurrency spaces. For those who missed the memo, earlier this week, countless influencers and content creators in the industry have reported that a number of their videos regarding developments in...

The post Why Did Youtube Crack Down on Crypto Channels? Lawyer Weighs In appeared first on NewsBTC.

Need to Explain Bitcoin to Friends and Family? Here's a Strategy Or Two
12/25/2019 22:30

For some reason or another, discussing Bitcoin at the Christmas dinner table has become somewhat of a meme. Christmas, after all, is when you spend time with the closest people in your life, the people who may listen to your drunk ramblings about the potential of blockchain or why a certain cryptocurrency (or investment for...

The post Need to Explain Bitcoin to Friends and Family? Here's a Strategy Or Two appeared first on NewsBTC.

Sorry Bulls, Bitcoin Indicator That Called 50% Decline Still Flashing "Sell"
12/25/2019 21:00

Since Bitcoin (BTC) bounced cleanly off the macro $6,400 support earlier this month, analysts have been wondering if the pain is over for the cryptocurrency market. According to two key trend indicators, which predicted previous bear markets and bull markets, the medium-term to long-term trend remains bearish, unfortunately enough. Related Reading: CME Futures Data: Institutions...

The post Sorry Bulls, Bitcoin Indicator That Called 50% Decline Still Flashing "Sell" appeared first on NewsBTC.

Ethereum Sinking? $25 Million of ETH Hits Exchanges as Traders Wind Down for Holidays
12/25/2019 20:00

After a particularly rough end to 2019, it looks like the fortunes of Ethereum investors aren't set to change anytime soon. Almost 205,000 Ether (ETH) has hit popular trading venues within the last 24 hours. With trading volumes slumping over the holiday season, a sudden influx of selling pressure seems likely to sink the market...

The post Ethereum Sinking? $25 Million of ETH Hits Exchanges as Traders Wind Down for Holidays appeared first on NewsBTC.

 
 


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