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Bitcoin Just Slid Under $8,500: Price Must Hold This Level to Satisfy Bulls 01/23/2020 05:48 Since the day started (PST), Bitcoin has plunged, collapsing from the daily high just above $8,700 to $8,460 as of the time of writing this — a drop of just around 3%. Right now, prices are the lowest they have been in days, nearly a week with BTC failing to maintain the bullish momentum seen... The post appeared first on NewsBTC. Do or Die For Bitcoin Bulls: Here's What Could Trigger A Sharp Decline 01/23/2020 05:22 Bitcoin bulls are facing an uphill task near $8,700 and $8,800 against the US Dollar. BTC price could either rally above $8,800 or decline heavily below $8,470 in the coming sessions. Bitcoin is showing a few bearish signs after it was rejected near $8,800. The price is currently sliding and it is approaching the key... The post appeared first on NewsBTC. Ripple (XRP) Just Rejected $0.24, And It's Vulnerable To A Fresh Decline 01/23/2020 04:28 Ripple failed to surpass the $0.2400 resistance area against the US Dollar, similar to bitcoin near $8,800. XRP price is currently declining and it seems vulnerable to a drop below $0.2300 and $0.2240. Ripple price is clearly struggling to gain strength above $0.2400 and $0.2420 against the US dollar. The price is facing an increase... The post appeared first on NewsBTC. This Confluence Of Bearish Factors Shows Ethereum Could Decline Heavily 01/23/2020 03:18 Ethereum failed to settle above the $170 resistance and bitcoin struggled above $8,700. ETH price is currently declining and it seems like it could decline heavily if it breaks $162. Ether price is starting to move into a bearish zone below $165 against the US Dollar. Bitcoin price is declining and trading below the $8,640... The post appeared first on NewsBTC. Bitcoin Has Begun Its Journey to Fresh All-Time Highs; Factors to Consider 01/23/2020 01:00 2020 has been a great year for Bitcoin, with its rally from its late-2019 lows of $6,400 altering the cryptocurrency's market structure to greatly favor bulls, leading many investors to believe that these lows will mark a long-term bottom for BTC. This optimistic belief is not unwarranted, however, as multiple technical and fundamental factors also... The post appeared first on NewsBTC. $850: Ethereum's Rally May Turn Parabolic After It Taps This Support Level 01/22/2020 23:00 Ethereum has been able to continue inching higher today after ETH outperformed Bitcoin and the aggregated crypto market yesterday. This upwards movement is very tempered, however, and the crypto is still struggling to break back above $170. Analysts are now noting that Ethereum could see one more short-term pullback towards $155 before it is able... The post appeared first on NewsBTC. Bitcoin Cash Miners Preparing Controversial "Miner Tax" to Reward Devs 01/22/2020 22:00 Miners on the Bitcoin Cash network appear to be preparing a plan to finance the protocol's development using their own block rewards. The controversial plan would see 12.5 percent of the total BCH coinbase go towards those building on the network. Those behind the plan say that it is impossible for developers to work without... The post appeared first on NewsBTC. These Simple Factors Could Lead Bitcoin to Rally to Fresh Multi-Year Highs 01/22/2020 21:00 Bitcoin's firm bout of sideways trading over the past few days has muddied the clarity that some analysts previously had about the strength of BTC's recent uptrend, as some traders are now eyeing its recent highs of $9,200 as a mid-term top. It is important to note, however, that the crypto's bulls have been ardently... The post appeared first on NewsBTC. Who's Accumulating Bitcoin? 784,000 Addresses Now Hold 1+BTC 01/22/2020 20:00 Studying Bitcoin wallets and the number of BTC they hold shows evidence of a growing pattern of accumulation of the digital asset. The number of Bitcoin addresses with a balance of more than one BTC has been consistently increasing since the launch of the cryptocurrency more than a decade ago. Despite volatility that has seen... The post appeared first on NewsBTC. Current Bitcoin Trend is Repeating the Bull Run to $20k in 2017, And It's Mega Bullish 01/22/2020 19:00 All throughout the tail end of 2019, as Bitcoin's parabolic rally came to an end and the asset fell back into a six-month-long downtrend, the price action was so similar to the run-up to the 2017 all-time high, that the rally has been dubbed a "textbook echo bubble." Now, the recent bullish trend is showing... The post appeared first on NewsBTC. Update your subscription — Unsubscribe

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