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Author: NewsBTC

Bitcoin Price Weekly Analysis – BTC/USD Monstrous Bullish Trend

Key Points Bitcoin price is currently trading higher and well above the $1300 handle against the US Dollar. There is a monster ascending channel with support at $1280 formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD. The price is testing the channel resistance area at $1350, and may correct lower in the … Continue reading Bitcoin Price Weekly Analysis – BTC/USD Monstrous Bullish Trend

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Ethereum Price Weekly Analysis – ETH/USD Back Bullish

Key Highlights ETH price after a couple of downside swing move towards the $47.50 level found support against the US Dollar. There is a monster bullish trend line formed with support at $49.90 formed on the 4-hours chart of ETH/USD (data feed via SimpleFX). On the upside, the pair needs to break the $52.80-53.00 resistance … Continue reading Ethereum Price Weekly Analysis – ETH/USD Back Bullish

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Bitcoin Price Watch; 1300 Broken – We Called It!

So that’s the big one broken. We’ve been looking for a 1300 test for the past few weeks (although we’ve also been slightly quiet about our intentions to trade it as and when it gets hit so as not to jinx the play), and we thought we might have to wait until volume picked up … Continue reading Bitcoin Price Watch; 1300 Broken – We Called It!

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DASH/USD and LTC/USD Technical Analysis April 21, 2017

Hello and welcome to News BTC’s Market Outlook April 21. Dash/USD DASH went back and forth during the session, bouncing around between $71 and $78.50 on the top against the US dollar. This range bound action looks set to continue, so a simple range bound trading system is probably best employed here. Looking for support … Continue reading DASH/USD and LTC/USD Technical Analysis April 21, 2017

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ETH/USD and ETH/BTC Technical Analysis April 21, 2017

Hello and welcome to News BTC’s Market Outlook April 21. ETH/USD After a significant selloff late in the evening, Ethereum has gained back most of the losses to hover around the $50.65 level. Currently, looks as if the market is consolidating to build up a bullish pressure and head towards the $52 level again. A … Continue reading ETH/USD and ETH/BTC Technical Analysis April 21, 2017

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BTC/USD and BTC/JPY Technical Analysis April 21, 2017

Hello and welcome to News BTC’s Market Outlook April 21. BTC/USD Bitcoin rallied slightly overnight against the US dollar, but still finds quite a bit of resistance just above. In fact, there is a significant amount of resistance extending all the way to the $1300 level, so expect choppiness going forward. Short-term pullbacks could be … Continue reading BTC/USD and BTC/JPY Technical Analysis April 21, 2017

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Ethereum Price Technical Analysis – ETH/USD Retains Bullish Bias

Key Highlights ETH price after a sharp decline towards $47.40 against the US Dollar found support and recovered. There is a new connecting bearish trend line formed with resistance at $51.40 on the hourly chart (ETH/USD, data feed via SimpleFX). The price may dip a few points to $50.80 before finding support for the next … Continue reading Ethereum Price Technical Analysis – ETH/USD Retains Bullish Bias

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Creditbit Price Technical Analysis – CRBIT/BTC Extended Consolidation

Key Highlights Creditbit price traded lower towards the 0.00080BTC level against Bitcoin where it found support. There is a crucial expanding triangle pattern with resistance at 0.0010BTC formed on the 7-day chart of CRBIT/BTC (data feed from Worldcoinindex). The price is currently trading near the range support area at 0.00090BTC and finding bids. Creditbit price … Continue reading Creditbit Price Technical Analysis – CRBIT/BTC Extended Consolidation

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Bitcoin Price Watch; 1300 Just Around The Corner!

Another day done in our bitcoin price trading efforts is drawing to a close, and it’s been one that has been pretty good to us. We noted in our coverage this morning that the bitcoin price seemed to be settling down a bit, and that we we’re expecting some degree of sideways trading today, as … Continue reading Bitcoin Price Watch; 1300 Just Around The Corner!

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Bitcoin Price Watch; Riding Out The End Of The Week

OK then, let’s get things kicked off for the day out of Europe. After what was a pretty exciting start to the week, things seem to have settled down a little bit as we head into the later stages. The bitcoin price has spent the last couple of days ranging between the 1240-1270 range, and … Continue reading Bitcoin Price Watch; Riding Out The End Of The Week

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BTC/USD and ETH/USD Forecast April 20, 2017

Hello and welcome to News BTC’s Market Outlook April 20. BTC/USD Bitcoin had a slightly choppy day on Wednesday, as we continue to hover just below significant resistance. At this point, looks as if short-term pullbacks offer buying opportunities as the market builds up momentum to continue to go higher. Longer-term, I have a target … Continue reading BTC/USD and ETH/USD Forecast April 20, 2017

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