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Author: NewsBTC

Bitcoin Price Watch; Trading The Crossover

Another day done in out bitcoin price trading efforts and it’s been a pretty decent one out of Europe. Things started off pretty slow (when we first opened the week with our initial coverage this morning) but once the European session got underway price action picked up and we were able to get in and … Continue reading Bitcoin Price Watch; Trading The Crossover

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DASH/USD and LTC/USD Technical Analysis July 31, 2017

Hello and welcome to News BTC’s Market Outlook July 31. DASH/USD DASH fell a bit during the day on Friday, looking for support. We should be seen buyers reenter the market somewhere close to the $180 level, so on a bounce in that general vicinity I’d be willing to buy again. The market has seen … Continue reading DASH/USD and LTC/USD Technical Analysis July 31, 2017

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ETH/USD and ETH/BTC Technical Analysis July 31, 2017

Hello and welcome to News BTC’s Market Outlook July 31. ETH/USD Ethereum markets fell slightly against the US dollar on Friday, slicing through the $200 level. It now looks as if we are going to pull back a bit further, and I anticipate that we should see support near the $180 level, and most certainly … Continue reading ETH/USD and ETH/BTC Technical Analysis July 31, 2017

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BTC/USD and BTC/JPY Technical Analysis July 31, 2017

Hello and welcome to News BTC’s Market Outlook July 31. BTC/USD Bitcoin rallied again that during the day on Friday, reaching towards the 2800 level. It now looks as if we’re going to make a move towards the 3000 level, but the short-term charts to find small pullbacks as you can use as value. As … Continue reading BTC/USD and BTC/JPY Technical Analysis July 31, 2017

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Ethereum Price Technical Analysis – ETH/USD Upside Break?

Key Highlights ETH price gained bids recently and moved above the $192.00 resistance against the US Dollar. There was a break above a bearish trend line at $188 on the hourly chart of ETH/USD (data feed via SimpleFX). The price is currently struggling to move above the 100 hourly simple moving average and the $196 … Continue reading Ethereum Price Technical Analysis – ETH/USD Upside Break?

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Ethereum Classic Price Technical Analysis – Can ETC/USD Gain Pace?

Key Highlights Ethereum classic price after finding support below $13.50 against the US Dollar started a recovery. There was a break above a crucial bearish trend line with resistance near $14.00 on the hourly chart of ETC/USD (Data feed via Kraken). The price is still below the $14.50 resistance and the 100 hourly simple moving … Continue reading Ethereum Classic Price Technical Analysis – Can ETC/USD Gain Pace?

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Chinese Blockchain Industry Issues Guidelines for ICO Fundraising

Following the recent spate of multi-million dollar cryptotoken crowdsales, ICOs have emerged as a new method of effective fundraising. As the number of projects opting for the ICO route of investment continues to rise, the Chinese blockchain industry associations have come up with a set of guidelines for such initiatives. According to reports, six different … Continue reading Chinese Blockchain Industry Issues Guidelines for ICO Fundraising

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Bitcoin Price Weekly Analysis – BTC/USD Preparing for August

Key Points Bitcoin price despite all uncertainty remained supported above $2600 against the US Dollar. There is a crucial contracting triangle pattern with support at $2600 forming on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price is correcting lower, but most likely to trade above $2720 in the near term. Bitcoin price … Continue reading Bitcoin Price Weekly Analysis – BTC/USD Preparing for August

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Ethereum Price Weekly Analysis – ETH/USD May Recover Soon

Key Highlights ETH price struggled throughout the week and moved below $180 against the US Dollar. There is a descending channel pattern with support near $170 forming on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair is currently recovering and may continue to head higher towards $220 in the near term. Ethereum … Continue reading Ethereum Price Weekly Analysis – ETH/USD May Recover Soon

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Bitcoin Price Watch; Heading Into The Weekend

That’s another week of trading complete in our bitcoin price trading efforts and we’ve had a pretty fantastic week as far as profit and loss are concerned. Things got moving with a strong US session on Monday and price hasn’t really looked back since. We’re now teetering on the edge of highs that, when price … Continue reading Bitcoin Price Watch; Heading Into The Weekend

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Bitcoin Price Watch; Let’s Get Straight To It

So we are at the end of the week once again in our bitcoin price trading efforts and, instead of spending too much time going over what happened this week, we’re going to jump straight into the detail for today’s session. Price is trading in and around a key level and if we waste time … Continue reading Bitcoin Price Watch; Let’s Get Straight To It

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