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Author: NewsBTC

Bitcoin Price Watch; End Of The Week Trading

So Friday is here, and unfortunately – as yet – we’ve not seen price hit the magic 800 mark. It’s not too big a deal, we’re pretty certain we will see it hit at some point, but chances are that the early close in the traditional financial asset markets, as well as the fallout volume … Continue reading Bitcoin Price Watch; End Of The Week Trading

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Ethereum Price Technical Analysis – ETH/USD Downsides To Continue

Key Highlights ETH price nosedived against the US Dollar yesterday, and broke an important support area of $9.50-40. Yesterday’s highlighted bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD was broken to clear the way for more declines. A new weekly low of $8.44 was formed before the price started to … Continue reading Ethereum Price Technical Analysis – ETH/USD Downsides To Continue

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Bitcoin Price Watch; A Wasteland Of Volume

That’s it out of Europe for the day, and we are now heading into what’s probably going to be a wasteland for bitcoin price traders this afternoon in the US. Thanksgiving is going to suck volume out of the markets, and in all likelihood, we’re going to see no real action until Asia wakes up … Continue reading Bitcoin Price Watch; A Wasteland Of Volume

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Bitcoin Price Watch; Thanksgiving Volatility

To all our American readers, let’s kick things off with a Happy Thanksgiving! I’m guessing volume is probably going to be down a little bit throughout the session today, with the major financials markets shut down across the US, and the early finish tomorrow on the stocks exchanges, but that doesn’t necessarily mean we won’t … Continue reading Bitcoin Price Watch; Thanksgiving Volatility

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Ethereum Classic Price Technical Analysis – ETC/BTC Almost Tested 0.00100BTC

Key Highlights Ethereum classic price extended its downside move, and almost tested our long waited target of 0.00100BTC. Yesterday’s highlighted bearish trend line formed on the hourly chart (data feed via Simplefx) of ETC/BTC acted as a resistance at 0.00108BTC and pushed the price down. The price remains at a risk of more declines in … Continue reading Ethereum Classic Price Technical Analysis – ETC/BTC Almost Tested 0.00100BTC

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Ethereum Price Technical Analysis – Can ETH/USD Break This?

Key Highlights ETH price continue to struggle against the US Dollar even after a successful Ethereum network 4th Hard Fork. There is a bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is currently holding the downside. A break below the trend line support area may open the doors … Continue reading Ethereum Price Technical Analysis – Can ETH/USD Break This?

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Bitcoin Price Watch; Here’s What’s On Tonight

Well, this is getting a bit frustrating. Price seems to want to weigh to the downside, even though we want it to hit 800 so much. Shows how much influence we have. The chart below shows action during the European session today. It’s basically gone as follow: break, consolidation, break, consolidation. We’re currently trading just … Continue reading Bitcoin Price Watch; Here’s What’s On Tonight

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Spamming Continues on Bitcoin Network, Delays Transactions

The Bitcoin network seems to be under attack again. The digital currency transactions were partially clogged yesterday by what is suspected to be a spamming attempt. As a result, there were reportedly 30,000 transactions queued up in the mempool, awaiting confirmation. Every time the Bitcoin network comes under attack, it renews the debate on block size … Continue reading Spamming Continues on Bitcoin Network, Delays Transactions

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Bitcoin Price Watch; Back Down We Go

It seems price is teasing us a little at he moment. Just as we get up to the region around which we can start targeting the 800 flat mark as an initial upside target and – beyond that – use it as resistance, the bitcoin price breaks to the downside and we get a correction … Continue reading Bitcoin Price Watch; Back Down We Go

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Ethereum Classic Price Technical Analysis – ETC/BTC Downtrend Intact

Key Highlights Ethereum classic price traded further lower against the Bitcoin and broke the last low of 0.00106BTC. The price is currently recovering, but facing sellers near a bearish trend line formed on the hourly chart (data feed via Simplefx) of ETC/BTC. A break above it may initiate further recovery in ETC in the short … Continue reading Ethereum Classic Price Technical Analysis – ETC/BTC Downtrend Intact

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