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Are Bitcoin Bulls Finally Giving Up? BTC Shows First Signs of a Big Correction
01/31/2020 05:28
Bitcoin spiked above $9,400 and $9,500 against the US Dollar. BTC traded to a new yearly high at $9,569 and it is currently showing signs of a downside correction. Bitcoin price is likely forming a short term top near the $9,570 level against the US Dollar. The bulls seem to be losing control, but there... The post appeared first on NewsBTC.
Ripple (XRP) Gearing For Lift-Off to $0.30: Bulls Are Not Done Yet
01/31/2020 04:28
Ripple is slowly rising and it recently climbed above the $0.2400 resistance against the US Dollar. XRP price remains in a steady uptrend and it is likely to continue higher towards $0.3000. Ripple price is trading in an uptrend above $0.2200 and it is likely to hit $0.3000 against the US dollar. The bulls managed... The post appeared first on NewsBTC.
Ethereum Smashes $180 To Open Doors For $200: Key Levels To Watch
01/31/2020 03:18
Ethereum price surged more than 5% and broke the key $180 resistance area against the US Dollar. ETH traded as high as $187 and it is currently correcting gains. Ethereum is showing a lot of positive signs and it recently climbed above $180 against the US Dollar. The price remained well bid above the $170... The post appeared first on NewsBTC.
Bitcoin May Look Like a "Rocket Ship," But Investor Euphoria Remains a Problem
01/31/2020 01:00
Bitcoin (BTC) has been caught within the throes of immense bull-favoring volatility over the past several weeks, which has allowed the cryptocurrency to put significant distance between its recent lows of $6,400 and its current price of $9,500. This upwards momentum has led the crypto's market structure to grow increasingly bullish, which is leading some... The post appeared first on NewsBTC.
Ethereum Has Yet to Post a Strong Bottom; Are Fresh Lows Imminent?
01/30/2020 23:00
Ethereum (ETH) has been moving in tandem with Bitcoin as of late, with BTC's bullishness allowing the cryptocurrency to put significant distance between its 2020 lows and its current price levels. It is important to note that although ETH appears to have gained a solid foothold within the $170 region, the cryptocurrency has been struggling... The post appeared first on NewsBTC.
These Factors May Push Bitcoin Halving Forward by Weeks
01/30/2020 22:00
In the cryptocurrency industry at least, it's pretty widely understood that the Bitcoin halving is due to take place in May 2020. However, that might not actually be the case. Surging hash rate and recent mining difficulty adjustments mean that miners will solve remaining blocks quicker than expected. Some analysts are now eyeing the end... The post appeared first on NewsBTC.
This Overlooked Factor Suggests Bitcoin May Soon See an Insane Crash
01/30/2020 21:00
Bitcoin and the aggregated crypto markets are currently entering a bout of sideways trading that comes just days after the massive rally that sent BTC to highs of $9,500 occurred. The market structure that has developed as a result of the consistent gains seen by Bitcoin throughout 2020 highly favors bulls and has led many... The post appeared first on NewsBTC.
Bitcoin Gains in 2020 Beat S&P 500's in 2019, But Bulls Don't Look Done
01/30/2020 20:00
Bitcoin (BTC) has started 2020 in fine style. Based on a numerous different factors, analysts believe these gains will continue too. The leading crypto asset by market capitalisation traded at around $7,250 at the start of the year. Just 30 days later, a single Bitcoin costs more than $9,300. Bitcoin Trumps S&P 500's 2019 Gains... The post appeared first on NewsBTC.
Why Tomorrow's Monthly Close In Bitcoin Could Be Its Most Critical Yet
01/30/2020 19:00
In financial markets, high timeframes are the most important when it comes to technical analysis and influence on the overall trend. The same is true for Bitcoin, and all eyes are on tomorrow's January monthly candle close. Depending on how and at what price point tomorrow's candle closes, it could determine Bitcoin's trend for the... The post appeared first on NewsBTC.
"USA to Lead" Innovation in Crypto and Blockchain: CFTC Chairman
01/30/2020 17:59
Heath Tarbert, U.S. Commodities Futures Trading Commission (CFTC) chairman, wants the U.S to lead the world in crypto assets and blockchain innovation. The cryptocurrency advocate also expects his agency to oversee ETH futures within six months to a year. CFTC All in on Crypto In an interview with Bloomberg, Tarbert discussed the current state of the... The post appeared first on NewsBTC.
 
 


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