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Author: NewsBTC

Bitcoin Price Watch; Here’s What We’re Going For This Morning

Alright then. It is time to get things kicked off for our first middle of the week bitcoin price analysis ahead of the start of the European session this morning. We keep saying it, but once again we have had some pretty noteworthy action overnight. The bitcoin price has literally made fresh highs daily for … Continue reading Bitcoin Price Watch; Here’s What We’re Going For This Morning

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DASH/USD and LTC/USD Technical Analysis May 24, 2017

Hello and welcome to News BTC’s Market Outlook May 24. DASH/USD DASH continues to look very bullish as the Tuesday session was very kind. The market reached towards the 135 level, and it looks as if we are ready to go much higher. Pullbacks continue to be buying opportunities, but quite frankly if you aren’t … Continue reading DASH/USD and LTC/USD Technical Analysis May 24, 2017

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ETH/USD and ETH/BTC Technical Analysis May 24, 2017

Hello and welcome to News BTC’s Market Outlook May 24. ETH/USD Ethereum had a choppy session on Tuesday, as the $150 level is offering support. The $165 level above has offered resistance, after forming a very massive shooting star during the Monday session. Ultimately, a pullback from here should be a buying opportunity, and we … Continue reading ETH/USD and ETH/BTC Technical Analysis May 24, 2017

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BTC/USD and BTC/JPY Technical Analysis May 24, 2017

Hello and welcome to News BTC’s Market Outlook May 24. BTC/USD Bitcoin rallied again on Tuesday, breaking above the $2100 level, and reaching towards the $2200 level. It is obvious to me that we are going to continue to see buyers, and that the $1900 level underneath should be the “floor.” Pullbacks offer value on … Continue reading BTC/USD and BTC/JPY Technical Analysis May 24, 2017

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Ethereum Price Technical Analysis – ETH/USD Resumes Uptrend

Key Highlights After a minor decline towards $135, ETH price formed support against the US Dollar and moved higher. There was a break above a bearish trend line at $159 on the hourly chart (ETH/USD, data feed via SimpleFX). The price is currently following an ascending channel pattern and looks set for a move above … Continue reading Ethereum Price Technical Analysis – ETH/USD Resumes Uptrend

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Creditbit Price Technical Analysis – CRBIT/BTC Declines Further

Key Highlights Creditbit price failed to gain momentum and declined towards 0.00030BTC against the Bitcoin. There is a major bearish trend line with resistance at 0.00035BTC formed on the 7-day chart of CRBIT/BTC (data feed from Coinmarketcap). On the downside, the 0.00030BTC support may play a major role for a recovery in the near term. … Continue reading Creditbit Price Technical Analysis – CRBIT/BTC Declines Further

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DASH/USD and LTC/USD Technical Analysis May 23, 2017

Hello and welcome to News BTC’s Market Outlook May 23. DASH/USD DASH initially fell during the day on Monday but found enough support at the $92.50 level to turn around and bounce significantly. In fact, we tested the $105 level, and the area of contention as of late. If we can break above there, the … Continue reading DASH/USD and LTC/USD Technical Analysis May 23, 2017

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ETH/USD and ETH/BTC Technical Analysis May 23, 2017

Hello and welcome to News BTC’s Market Outlook May 23. ETH/USD Ethereum rallied significantly during the day on Monday, reaching towards the 190 handle. This of course is a very bullish market, so I think waiting for pullbacks will be the best way to go in a market that looks very bullish. I have no … Continue reading ETH/USD and ETH/BTC Technical Analysis May 23, 2017

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BTC/USD and BTC/JPY Technical Analysis May 23, 2017

Hello and welcome to News BTC’s Market Outlook May 23. BTC/USD Bitcoin rallied during the session on Monday, breaking out to a fresh, new high. We managed to break above the $2100 level, and then continues to press higher. It looks as if every time we pull back the buyers are willing to step in … Continue reading BTC/USD and BTC/JPY Technical Analysis May 23, 2017

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Ethereum Price Technical Analysis – ETH/USD Correction Underway

Key Highlights There were further gains in ETH price, as it moved above the $175 level against the US Dollar before starting a correction. There was a break below a bullish trend line at $159 on the hourly chart (ETH/USD, data feed via SimpleFX). The price is currently below the $158 resistance, and may extend … Continue reading Ethereum Price Technical Analysis – ETH/USD Correction Underway

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Dash Price Technical Analysis – DASH/USD Breaks Key Levels

Key Highlights Dash price surged and settled above a major resistance at $100 against the US Dollar. There was a break above a major bearish trend line at $98 on the hourly chart of DASH/USD (data feed from Poloniex), igniting upside move. The price is currently correcting lower after trading as high as $136, and … Continue reading Dash Price Technical Analysis – DASH/USD Breaks Key Levels

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