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Author: NewsBTC

Bitcoin Price Watch; Intrarange Comes Into Play

It has been quite a while since we incorporated our intrarange strategy into our intraday efforts in the bitcoin price. The reason for this is that price action has been dominated by sustained momentum, with breakouts being the order of the day and any entries running through to targets (or stop losses) relatively quickly. Our … Continue reading Bitcoin Price Watch; Intrarange Comes Into Play

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Ignore the Naysayers, there’s no Bubble in Bitcoin

Bitcoin is without any doubt the hottest investment in the market right now. Of course, Bitcoin is a currency as a matter of principle; yet, we cannot ignore the fact that most of the people joining the Bitcoin bandwagon are buying Bitcoin for speculative purposes. In the year-to-date period, Bitcoin has skyrocketed more than 200% … Continue reading Ignore the Naysayers, there’s no Bubble in Bitcoin

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Ethereum Classic Price Technical Analysis – ETC/USD Breaks Key Resistance

Key Highlights Ethereum classic was under pressure lately and traded below $18.00 against the US Dollar before finding support near $17.60. There was a bearish trend line formed with resistance at $18.50 on the hourly chart (data feed via Kraken) of ETC/USD, which was broken recently. The price is currently above the $19.00 level and … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Breaks Key Resistance

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DASH/USD and LTC/USD Technical Analysis June 26, 2017

DASH/USD and LTC/USD Technical Analysis June 26, 2017 DASH/USD DASH continues to look bullish as we rallied on Friday, reaching the $190 level. It’s likely that we will go looking for the $200 level after that, and a break above there would be even more bullish. I believe in buying pullbacks as it offers value … Continue reading DASH/USD and LTC/USD Technical Analysis June 26, 2017

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ETH/USD and ETH/BTC Technical Analysis June 26, 2017

Hello and welcome to News BTC’s Market Outlook June 26. ETH/USD Ethereum markets rallied a bit during the day on Friday, as we continue to find a certain amount of bullish pressure underneath. The $300 level should offer support, and I believe that the market is going to continue looking for higher pricing, closer to … Continue reading ETH/USD and ETH/BTC Technical Analysis June 26, 2017

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Ethereum Price Technical Analysis – ETH/USD Clears Major Support

Key Highlights ETH price came under further pressure and moved below a major support at $288 against the US Dollar. There is a crucial bearish trend line formed with resistance at $289 on the hourly chart of ETH/USD (data feed via SimpleFX). On the downside, the recent swing low at $250 might act as a … Continue reading Ethereum Price Technical Analysis – ETH/USD Clears Major Support

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BTC/USD and BTC/JPY Technical Analysis June 26, 2017

Hello and welcome to News BTC’s Market Outlook June 26. BTC/USD Bitcoin initially tried to pull back slightly on Friday, but bounced higher as it looks like we are going to head to the 2800 level. A break above there should send this market towards the 3000 handle, but it may take some time to … Continue reading BTC/USD and BTC/JPY Technical Analysis June 26, 2017

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Creditbit Price Technical Analysis – Can CRB/BTC Hold 0.00025BTC?

Key Highlights Creditbit price remained under selling pressure and moved below the 0.00030BTC support against the Bitcoin. There is a major bearish trend line with resistance confluence near 0.00027BTC forming on the 7-day chart of CRB/BTC (data feed from Coinmarketcap). On the downside, the price is holding a major support of 0.00025BTC, which holds the … Continue reading Creditbit Price Technical Analysis – Can CRB/BTC Hold 0.00025BTC?

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Bitcoin Price Weekly Analysis – BTC/USD To Decline Further

Key Points Bitcoin price struggled to settle above the $2775-2800 resistance against the US Dollar, and moved down. There is a crucial bearish trend line with resistance at $2680 forming on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price is currently under pressure and may head lower towards the $2300 support. Bitcoin … Continue reading Bitcoin Price Weekly Analysis – BTC/USD To Decline Further

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Ethereum Price Weekly Analysis – ETH/USD Short-term Bearish

Key Highlights ETH price is facing selling pressure and already moved below the $330 support against the US Dollar. The ETH/USD pair is currently attempting a downside break below a crucial triangle at $285 on the 4-hours chart (data feed via SimpleFX). A break below it could ignite further losses towards the $240 level in … Continue reading Ethereum Price Weekly Analysis – ETH/USD Short-term Bearish

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