cryptonews911

    Bitcoin Traders are Exiting Bullish Positions En Masse, Data Shows 12/30/2019 07:44 The number of traders who had bullish positions on bitcoin is declining. And it could be significant in determining the cryptocurrency's next big move. Charts on the Bitfinex exchange earlier showed an almost parabolic rise in long positions, showing that investors expected to profit from a rise in the bitcoin price. Between November 23 and... The post appeared first on NewsBTC. Bitcoin Rally Pauses But Not Likely Over, Bulls Aim $8K 12/30/2019 06:04 Bitcoin price rallied recently above $7,300 before it ran into $7,500 against the US Dollar. The price is showing positive signs it seems like the bulls aim another test of $7,500. There is a major bullish trend line forming with support near $7,325 on the hourly chart of the BTC/USD pair (data feed from Kraken).... The post appeared first on NewsBTC. ...

    Altcoin Apocalypse: Which Crypto Assets Will Survive Another Year 12/29/2019 08:00 The past year has been an extension of last year's bear market for most altcoins. All bar a few are set to end the year lower than they began it and there have been very few survivors from 2019. 2019: An Altcoin Nightmare While total crypto currency market capitalization is currently over 55% up this... The post appeared first on NewsBTC. Bitcoin Weekly Forecast: BTC Price Primed For Bullish Break 12/29/2019 06:00 After a strong decline, bitcoin price found support near $7,000 against the US Dollar. The price is now trading near the $7,300 and $7,320 resistance levels. There is a major breakout pattern forming resistance near $7,320 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price could dip a few points,... The post appeared first on NewsBTC. Ethereum Price ...

    Once Bitcoin Breaks $7,650, Price Will "Fly" Higher; Here's Why 12/28/2019 08:07 Bitcoin (BTC) has had quite a quiet past few days, flatlining in the low-$7,000s in the wake of Christmas. Analysts say that despite this lull, the cryptocurrency is starting to show signs of wanting to break higher. Analyst Mexbt remarked that he thinks that the cryptocurrency will soon "test the weekly and monthly open," meaning... The post appeared first on NewsBTC. Why a Fund Manager Thinks Bitcoin Will Rally 25% to $9,000 In One Month 12/28/2019 06:49 Over the holiday season, Bitcoin (BTC) has stalled in the low-$7,000s, finding itself stuck between a rock and a hard place. Although some say that this is indicative of an impending return to the $6,000s, then the $5,000s, a prominent cryptocurrency-centric fund manager has asserted that the leading cryptocurrency is poised t...