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Are BitMEX Bitcoin Whales Starting to Dump? One Trader Sells $10m
01/21/2020 07:57
Whales on the world's largest bitcoin margin trading platform BitMEX are selling large amounts of BTC. After the rejection at $9,200, investors are seemingly moving towards hedging their holdings to brace for a bigger pullback. According to a platform that reports unusually sizable sell orders on BitMEX, many whales sold millions of dollars worth bitcoin... The post appeared first on NewsBTC.
Bitcoin Price Won't Go Down Quietly: Risk of Bounce Grows
01/21/2020 05:18
Bitcoin is currently consolidating above the key $8,500 support area against the US Dollar. BTC price could start a fresh rally if it clears the $8,800 resistance area. Bitcoin price is confined in a range above the main $8,500 support against the US Dollar. The bulls are facing hurdles near the $8,760 and $8,800 resistance... The post appeared first on NewsBTC.
Ripple (XRP) Just Reversed and $0.25 Is Imminent, Here's Why
01/21/2020 04:14
Ripple tested the key $0.2240 support area and recovered against the US Dollar, similar to bitcoin. XRP price is showing positive signs and it could rally to $0.2550 if it breaks $0.2420. Ripple price is recovering nicely from the $0.2240 support area against the US dollar. A key inverse head and shoulders is likely forming... The post appeared first on NewsBTC.
This Technical Pattern Suggests Ethereum Is Gearing For Another Lift-Off
01/21/2020 03:04
Ethereum is trading nicely above the $162 and $158 support levels, similar to bitcoin above $8,500. ETH price is likely forming an inverse head and shoulders pattern, suggesting a fresh increase. Ether price is currently consolidating above the $162 support area against the US Dollar. Bitcoin price is finding a strong buying interest above the... The post appeared first on NewsBTC.
Bitcoin Just Closed Beneath This Key Level and It Isn't Good for Bulls
01/21/2020 01:00
Bitcoin has had a rocky past few days, surging to highs of $9,200 this past Saturday before meeting insurmountable resistance that has sparked a short-term downtrend. This downtrend has led BTC into the mid-$8,000 region, but the losses may not end here. One analyst is now noting that Bitcoin recently closed beneath a key technical... The post appeared first on NewsBTC.
This Confluence of Bullish Factors Shows XRP Could Soon Explode Higher
01/20/2020 23:00
XRP and the majority of other major altcoins have been able to develop firmly bullish market structures over the past few weeks, which has been driven by the massive 2020 uptrend that the crypto market is currently caught within. XRP – which is currently coming off of an incredibly rough 2019 – has been able... The post appeared first on NewsBTC.
No, Chinese New Year Won't Trigger a Bitcoin Pullback: Historical Data Shows
01/20/2020 22:00
Chinese New Year is just around the corner and people are once again debating its possible impact on Bitcoin price. A popular theory is Chinese investors cash out holdings before the holiday, creating additional selling pressure in the market. The lunar festival, held during different weeks of the Western calendar each year, will mark the... The post appeared first on NewsBTC.
Bitcoin Breaking This Single Level Will Spark a Parabolic 800% Rally
01/20/2020 21:00
Bitcoin's 2020 uptrend has drastically shifted the market structure of BTC, which was previously shaping up to be incredibly bearish while it was hovering within the $6,000 region. The subsequent rallies from this price region, however, have allowed it to climb all the way up to $9,200, which appears to be a key resistance level... The post appeared first on NewsBTC.
Is This Why Bitcoin SV Climbed Another 20% In the Last 24 Hours?
01/20/2020 20:00
Although almost the entire cryptocurrency industry started 2020 with big price increases, one has stood out above the pack. Bitcoin SV (BSV) kicked off the year at below $100 and now trades for more than $300. Whereas most digital currencies have traded sideways over the last 24 hours, Bitcoin SV is gaining in market capitalisation... The post appeared first on NewsBTC.
Altcoin Market Bottoms With Highest Buy Volume in Crypto History
01/20/2020 19:00
Last week the altcoin market exploded, bursting through local downtrend resistance and going on a rally that added over $30 billion in value to the overall crypto market cap sans Bitcoin. The breakout was accompanied by the highest level of buy volume on the total altcoin market cap weekly price chart, which could indicate that... The post appeared first on NewsBTC.
 
 


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