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The Same Indicator That Flashed Before Bitcoin's 30% Drop in Nov 2019 Just Hit Again
01/20/2020 08:44
The Fear and Greed Index (FGI) for crypto is currently neutral at 53. The last time it was at this level, a 30 percent drop occurred for bitcoin in November 2019 from $9,400 to $6,410. The signaling of the indicator follows a swift six percent drop from $9,100 to $8,500, which happened in less than... The post appeared first on NewsBTC.
Bitcoin Is Plunging, But It's Too Early To Say Bulls Have Given Up
01/20/2020 05:30
Bitcoin failed to extend gains above $9,200 and started a downside correction against the US Dollar. BTC price tested the $8,500 support and it could bounce back. Bitcoin price is down more than 5% from the $9,186 high against the US Dollar. The $8,500 support area could play an important role in the coming sessions.... The post appeared first on NewsBTC.
Bears Beware: Ripple Uptrend Far From Over, Here Are Key Supports To Watch
01/20/2020 04:33
Ripple extended its rise above the $0.2450 resistance against the US Dollar, similar to bitcoin above $8,800. XRP price topped near the $0.2540 area and recently corrected lower. Ripple price is down more than 6% and broke the $0.2400 support against the US dollar. The price is now trading below $0.2350, but there are many... The post appeared first on NewsBTC.
Ethereum Price Plunges to $160: Can Bulls Save The Day?
01/20/2020 03:25
Ethereum started a sharp decline from the $180 resistance, similar to bitcoin from $9,200. ETH declined towards $160, but it is likely to find strong bids near $158. Ether price was rejected near the $180 area and it declined below $165 against the US Dollar. Bitcoin price is down more than 5% and it is... The post appeared first on NewsBTC.
Has The Crypto Market Bottomed After Bitcoin's 50% Collapse?
01/20/2020 02:00
Bitcoin and the rest of the crypto market didn't have the best second half of 2019. Per data from TradingView, the aggregate value of all publicly-traded digital assets fell from $388 billion to a low of $166 billion — a drop of nearly 60%. While this metric has been a clear downtrend for the past... The post appeared first on NewsBTC.
This Analysis Suggests Bitcoin's Price May Plunge 50% to the $3,000s, Again
01/20/2020 00:45
Over the past month, Bitcoin (BTC) has absolutely exploded higher. In fact, the cryptocurrency is up around 40% since the low of $6,400 put in during December of last year. While many analysts have said that this jaw-dropping rally constitutes a macro reversal that will thrust BTC back into a decisively bullish phase, an analysis... The post appeared first on NewsBTC.
Crypto Tidbits: Bitcoin Hits $9,000, Institutional Cryptocurrency Investment Spikes, NBA Team Uses Ethereum
01/19/2020 23:35
Another week, another round of Crypto Tidbits. The past seven days have been quite, quite exciting for Bitcoin and its ilk. Per data from Coin360, BTC has gained 11% in the past week, rallying as high as $9,000 as buyers have stepped in en-masse. While already impressive in and of itself, what has been especially interesting... The post appeared first on NewsBTC.
Analysts Are Optimistic After Bitcoin Just Plunged by 3%: Here's Why
01/19/2020 22:38
Just minutes ago as of the time of writing this article, Bitcoin (BTC) plunged 3% within a few minutes' time, falling from $8,750 to as low as $8,460 in a short time period. On some exchanges, this marked a new low for the day's price action, traditionally a bearish sign. Despite this 3% drop, analysts... The post appeared first on NewsBTC.
Massive $100m Bitcoin Selling Pressure: Here Are Levels to Watch After the Violent Drop
01/19/2020 22:00
Overnight Bitcoin (BTC) faced a violent rejection that caused its price to plummet to the lower boundary of an ascending channel it has established over the past several weeks. This rejection has shifted the overall market sentiment and has led many previously euphoric bulls to grow increasingly bearish. It is important to note that the... The post appeared first on NewsBTC.
Here's Why Analysts Are Bullish After Bitcoin Price's Rapid 7% Plunge
01/19/2020 21:00
Earlier Sunday, Bitcoin (BTC) suddenly fell off a cliff after its latest bout of bullish price action. Within a few minutes' time — yes, literally a few minutes — the leading cryptocurrency slipped by 7%, plunging from $9,150 to $8,600 (as low as $8,450 on some crypto exchanges). Altcoins followed suit, posting equally as harrowing... The post appeared first on NewsBTC.
 
 


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