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Bitcoin Price & Time: Bulls Aiming $7.8K and $8K
01/05/2020 05:00
After a downside correction, bitcoin price found support near $6,860 against the US Dollar. The price is currently rising and trading nicely above the $7,400 resistance. There was a break above a major declining channel with resistance near $7,345 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price is likely... The post appeared first on NewsBTC.
Ethereum Overwhelmingly Bullish And $145 Is Imminent, Here's Why
01/05/2020 04:08
ETH price is gaining bullish momentum above the $132 resistance against the US Dollar. The price is trading above $135 and it recently traded to a new 2020 high. There was a break above a key declining channel or bullish flag with resistance near $130 on the 4-hours chart of ETH/USD (data feed via Kraken).... The post appeared first on NewsBTC.
Why Analysts Think Bitcoin's Surge to $7,450 is Just the Beginning
01/05/2020 01:53
Over the past few hours, Bitcoin (BTC) has begun to gain momentum once again, pushing past $7,400 after remaining trapped under that level for the past two-odd days. As of the time of writing this, the leading cryptocurrency is trading for $7,470 — registering a 2.22% gain in the past 24 hours. Altcoins have followed... The post appeared first on NewsBTC.
Why a Technical Analyst Believes Bitcoin Cash (BCH) Will Surge by 80%
01/05/2020 00:17
Those who held Bitcoin Cash (BCH) during its meltdown in the latter half of 2019, there may still be time to generate enormous gains. Famous crypto analyst DonAlt on Friday discussed the bullish prospects of the fifth-largest blockchain project by market capitalization. The trader said he expects the BCH-to-dollar exchange rate to hit $380 in... The post appeared first on NewsBTC.
Upbit's Stolen Ethereum Is Moving, and It's Bad News for ETH
01/04/2020 23:00
In November, Upbit, a popular Korean crypto asset exchange, lost $50 million worth of Ethereum (ETH) from the exchange hot wallet in a seeming hack. Details on the attack remain sparse — some think it was an inside job as the word "hack" was not mentioned and due to the timing of the loss of... The post appeared first on NewsBTC.
Crypto Tidbits: Bitcoin Branded a Scam, Ethereum Upgrade Completed, Telegram's ICO in Crisis
01/04/2020 21:00
Another week, another round of Crypto Tidbits. The first week of January was a quiet one for the Bitcoin and broader digital asset market, with BTC gaining a mere 0.7% over the past seven days, according to Coin360.com.  Altcoins have posted similar slight gains, though assets like Bitcoin Cash, EOS, Litecoin, and VeChain have managed to... The post appeared first on NewsBTC.
Data Suggests Investors are Giving Up on XRP; Could This Fuel a Parabolic Rally?
01/04/2020 19:30
XRP was one of 2019's biggest losers, posting sizeable year-to-date losses in spite of the massive gains incurred by Bitcoin and some other major altcoins. This poor price action has largely stemmed from controversy surrounding the token's close ties to FinTech company Ripple. It is important to note that one key piece of data suggests... The post appeared first on NewsBTC.
This Scary Fractal Suggests Bitcoin Price Is On Its Way to $3,000
01/04/2020 18:30
Over the past few weeks, Bitcoin (BTC) has been consolidating in the range around $7,000, seemingly stuck in between a rock and a hard place. Indeed, the cryptocurrency has many times bounced in the mid-$6,000s, where there is macro support, and has been rejected multiple times in the resistance band around the high-$7,000s. Related Reading:... The post appeared first on NewsBTC.
Bitcoin is On the Verge of Making a Massive Move, and it May Spark a 2020 Rally
01/04/2020 17:30
On the heels of yesterday's massive Bitcoin rally, bulls have been able to support the cryptocurrency's price well above its support at $7,000, with their current strength pointing to the possibility that BTC will soon see further upside. It is important to note that the sideways trading at $7,300 that has resulted from this movement... The post appeared first on NewsBTC.
 
 


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