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Bitcoin Starts 2020 With Bearish Bias But Downsides Remain Limited 01/01/2020 05:25 Bitcoin price is slowly declining and recently tested $7,100 against the US Dollar. The price is currently recovering, but likely to face hurdles near $7,280 and $7,320. There was a break above a major bearish trend line with resistance near $7,185 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair... The post appeared first on NewsBTC. Ethereum (ETH) Price Downside Thrust Possible Before 2020 Reversal 01/01/2020 04:28 Ethereum is slowly moving lower towards the $125 support area against the US Dollar. The price is likely to extend losses as long as it is below the $132 resistance. There is a key declining channel forming with resistance near $131 on the hourly chart of ETH/USD (data feed via Kraken). ETH could decline in... The post appeared first on NewsBTC. Fractal Signals Bitcoin to Drop to $6,600 in Near-Term; Will the Downtrend End There? 01/01/2020 01:00 Bitcoin's recent series of rejection within the mid-to-upper $7,000 region has resulted in BTC's bears gaining an edge over bulls, as the cryptocurrency is now retreating down to its key $7,000 support level, which appears to be growing increasingly weak. Importantly, one analyst is now noting that Bitcoin could be on the verge of seeing... The post appeared first on NewsBTC. Ethereum's Price Action is Similar to Bitcoin's at $3,000: An Insane Rally is Imminent 12/31/2019 23:00 After reclaiming the $130 level earlier this past week, Ethereum (ETH) is currently struggling to hold above this level as bears attempt to take full control of the aggregated cryptocurrency markets. It is important to note that ETH's current bearishness could cut deeper in the near-term, but analysts are noting that the cryptocurrency's current price... The post appeared first on NewsBTC. XRP to Remain a Cautionary Crypto Investment in 2020; Here's Why 12/31/2019 22:00 Ripple blockchain's native token XRP registered one of its worst performances in 2019. And it is likely to extend its losses in 2020. The XRP-to-dollar exchange rate is down by circa 49 percent on a year-to-scale. At the same time, the token's price against the benchmark cryptocurrency bitcoin has plunged by more than 72 percent... The post appeared first on NewsBTC. Bitcoin's Drop to $7,000 Will Be Short Lasting Due to This Key Indicator 12/31/2019 21:00 The aftermath of Bitcoin's recent rally up to highs of $7,500 – and subsequent rejection – has been grave for bulls, as BTC has been caught within a strong downtrend that is leading the cryptocurrency down to its key support region that exists around $7,000. It is important to note that one key factor is... The post appeared first on NewsBTC. Dr Doom Laments Bitcoin 'Bubble' on Taylor Swift Mashup 12/31/2019 20:00 You probably already know that Nouriel "Dr Doom" Roubini is no fan of Bitcoin. The professor and economist has frequently sounded off against the crypto asset space in recent years. What you might not know is that Roubini also has something of a musical side. His most recent offering sees him take on and rework... The post appeared first on NewsBTC. The Biggest FUD and FOMO Moments in Crypto 2019 12/31/2019 18:00 The crypto industry, Bitcoin, blockchain, and any of its varieties is driven primarily by hype and speculation as the emerging technologies underlying each asset are often too new or unproven to yet provide a realistic valuation. Due to this, the constant ebb and flow of FUD and FOMO often dictate market movements and turn major... The post appeared first on NewsBTC. Bitcoin Price Yearly Candle Shows Failed Rally, Longest Wick on Record 12/31/2019 16:00 Today's mid-week daily close in Bitcoin price charts carries significantly more weight than usual, as New Year's Eve marks the last day of the calendar year, and the crypto asset's yearly candle close. If the leading crypto asset by market cap closes today at current prices around $7,250, the yearly candle will close with the... The post appeared first on NewsBTC. Why Prominent Crypto Analyst Believes XRP's Trajectory is Positive 12/31/2019 12:00 XRP hasn't done too well in the past 12 months, plunging by 47% since Jan. 1st, 2019. For some perspective, Bitcoin has gained a jaw-dropping 90%, surging on the back of a confluence of factors, which includes a capital flow from altcoins to the market leader BTC. Tis the season to feast on the tears... The post appeared first on NewsBTC. Update your subscription — Unsubscribe

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