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Altcoin Apocalypse: Which Crypto Assets Will Survive Another Year
12/29/2019 08:00
The past year has been an extension of last year's bear market for most altcoins. All bar a few are set to end the year lower than they began it and there have been very few survivors from 2019. 2019: An Altcoin Nightmare While total crypto currency market capitalization is currently over 55% up this... The post appeared first on NewsBTC.
Bitcoin Weekly Forecast: BTC Price Primed For Bullish Break
12/29/2019 06:00
After a strong decline, bitcoin price found support near $7,000 against the US Dollar. The price is now trading near the $7,300 and $7,320 resistance levels. There is a major breakout pattern forming resistance near $7,320 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price could dip a few points,... The post appeared first on NewsBTC.
Ethereum Price Weekly Forecast: ETH Trading Near Crucial Juncture
12/29/2019 05:06
ETH price is trading above a couple of important supports near $120 against the US Dollar. The price is facing a strong resistance near the $130 and $135 levels. There is a crucial bearish trend line forming with resistance near $130 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could either... The post appeared first on NewsBTC.
Bitcoin To Enter Face-Melting Rally? Why Analysts Think Price to Jump
12/29/2019 05:00
Bitcoin (BTC) hasn't done too hot over the past few months, plunging some 50% since the June top of $14,000. The selling has stopped over the past few weeks, with the price of the leading cryptocurrency flatlining in the low-$7,000s. Despite this, sentiment has been rather bearish, with a confluence of prominent technical analysts recently... The post appeared first on NewsBTC.
Why the Bitcoin's Bearish MACD Cross May Not Plunge Price
12/29/2019 03:05
At the turn of the month, analysts were quick to check Bitcoin's charts, checking if any of their indicators signaled that bears remained in control of the cryptocurrency market. Unfortunately for bulls, indicators did. Per previous reports from NewsBTC, November's monthly candle close resulted in the Moving Average Convergence Divergence (MACD) — which is a... The post appeared first on NewsBTC.
Bitcoin Is Still In Midst of Bull Market; Why On-Chain Analysis Suggests So
12/29/2019 00:45
Since Bitcoin (BTC) started to collapse in July following the multi-month rally from $3,100 to $14,000, investors have been wondering if the cryptocurrency remains in a bull market. According to a prominent on-chain analyst and cryptocurrency fund manager, yes, Bitcoin remains in the midst of a bull market. Related Reading: Prominent Gold Bull Thinks the Next... The post appeared first on NewsBTC.
Why Analysts Believe Ethereum Is Poised to Fall 20% Against Bitcoin
12/28/2019 22:41
Altcoins have once again started to fall off, with Ethereum and XRP both plunging amid Bitcoin's latest bout of volatility. According to an analyst going by Mac, it may soon get worse for the altcoin class. He remarked in a recent tweet that he expects for both altcoins as a class and Ethereum to fall... The post appeared first on NewsBTC.
Why Analysts Think Gold's Christmas Rally to $1,500 Is Only the Beginning
12/28/2019 22:00
Over the past few weeks, the price of gold has begun to pick up steam, surging by $35, some 2.5%, in the past three days. In the past four weeks, since the start of December, the asset has gained 4%. While this Santa Claus rally has already brought the price of the metal above $1,500,... The post appeared first on NewsBTC.
Billionaire Investor Predicts Bitcoin Will Be Over $12k This Time in 2020
12/28/2019 21:30
Ever since Bitcoin's meteoric rise to highs of $20,000 in late-2017 and subsequent drop, analysts and prominent figures within the industry have all been offering price targets for where they expect BTC to surge to over a fixed time period. Although some of these predictions have been lofty and unrealistic, one billionaire cryptocurrency investor is... The post appeared first on NewsBTC.
Crypto Tidbits: Youtube's Bitcoin Ban, Ethereum Co-Founder Sells Stash, China's Digital Currency Nears
12/28/2019 20:30
Another week, another round of Crypto Tidbits. The last week of December was quiet for the Bitcoin and broader digital asset market, with BTC gaining 2.6% over the past seven days, according to Coin360.com. Altcoins have posted similar slight gains, though assets like Bitcoin Cash, EOS, Litecoin, and VeChain have managed to outperform, seeing approximately 10%... The post appeared first on NewsBTC.
 
 


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