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Once Bitcoin Breaks $7,650, Price Will "Fly" Higher; Here's Why
12/28/2019 08:07

Bitcoin (BTC) has had quite a quiet past few days, flatlining in the low-$7,000s in the wake of Christmas. Analysts say that despite this lull, the cryptocurrency is starting to show signs of wanting to break higher. Analyst Mexbt remarked that he thinks that the cryptocurrency will soon "test the weekly and monthly open," meaning...

The post appeared first on NewsBTC.

Why a Fund Manager Thinks Bitcoin Will Rally 25% to $9,000 In One Month
12/28/2019 06:49

Over the holiday season, Bitcoin (BTC) has stalled in the low-$7,000s, finding itself stuck between a rock and a hard place. Although some say that this is indicative of an impending return to the $6,000s, then the $5,000s, a prominent cryptocurrency-centric fund manager has asserted that the leading cryptocurrency is poised to retake $9,000 within...

The post appeared first on NewsBTC.

70% of Bitcoin Hasn't Moved For Over 6 Months, and It Means a Big Bull Run is Coming
12/28/2019 02:45

If you've followed the Bitcoin and cryptocurrency space at all over the past few years, you likely know of the term "HODL," A misspelling of the word "hold," HODL is an industry joke used by cryptocurrency investors who believe that the price of BTC will appreciate with time, primarily due to adoption and the asset's...

The post appeared first on NewsBTC.

Bitcoin Poised to Retest $5,000 Before Return to Bull; Here's Why Analysts Think So
12/28/2019 02:00

Earlier this month, the one-week Bitcoin chart printed an extremely bullish sign: the golden cross of the 50-week and 100-week simple moving averages, with the former crossing above the latter. (As an aside, a golden cross is when a short-term moving average crosses over a long-term one to imply bulls have control.) Related Reading: Bitcoin Poised to...

The post appeared first on NewsBTC.

Here's What Bitcoin's Surge Off Its Daily Lows Says About Where It's Heading Next
12/28/2019 01:00

Bitcoin's bulls were able to defend BTC from facing a much steeper sell-off today, which comes closely on the heels of the recent rejection the cryptocurrency experienced, which to many investors signaled that significantly further losses were imminent. Analysts are now explaining that bull's ability to defend against further losses points to the possibility that...

The post appeared first on NewsBTC.

Analyst Explains Why XRP Price May Soon Jump Over 100%
12/27/2019 23:00

XRP hasn't done too hot over the past few months, both in terms of its performance against the U.S. dollar and against Bitcoin. Even over the past year, the third-largest altcoin has collapsed by 50%, underperforming the leading cryptocurrency by a massive margin. Despite this, an analyst is starting to believe that the price of...

The post appeared first on NewsBTC.

Bitcoin Price Ready to Pop Higher? Monthly Chart Shows Reversal Signs
12/27/2019 22:00

Earlier this month, Bitcoin (BTC) plunged as low as $6,400, marking a new multi-month low for the leading cryptocurrency. But as fast as the crypto dropped, it reversed, with BTC surging to $7,700 just last weekend on the back of bulls looking to buy in the $6,000s. Related Reading: Why Bitcoin Network's Record 2019 Is...

The post appeared first on NewsBTC.

Why Bitcoin Network's Record 2019 Is Bullish For the Crypto Market
12/27/2019 21:00

Although up 70% on the year, Bitcoin hasn't had the best of 2019s from a market perspective, with the price surging 330% to $14,000 before seeing a precipitous drop to as low as $6,400 just earlier this month. Despite this harrowing price action, which some analysts say is indicative of mass complacency in the crypto...

The post appeared first on NewsBTC.

Here's How to Prepare for Bitcoin's Annual Birthday "Bank Run"
12/27/2019 20:00

This year will see the second annual Proof of Keys event take place. Those involved will be attempting to demonstrate the monetary sovereignty Bitcoin affords, as well as the solvency (or lack there of it) of cryptocurrency exchange platforms. If you're new to the Bitcoin space, you might not have heard of Proof of Keys...

The post appeared first on NewsBTC.

Here's The Level Analysts Believe Could Spark the Next Ethereum Rally
12/27/2019 20:00

Ethereum's price action has been largely bearish over the past several days and weeks, with ETH facing multiple strong rejections that have pointed to some underlying weakness amongst the cryptocurrency's bulls. Analysts are now noting that Ethereum could be on the verge of incurring a major upwards movement, but that it may need to drop...

The post appeared first on NewsBTC.

 
 


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