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Author: NewsBTC

Bitcoin Cash Price Technical Analysis – BCH/USD Struggle Continues

Key Points Bitcoin cash price continued to move down and currently trading below the $320 level against the US Dollar. There is a crucial descending channel pattern with resistance at $315 forming on the hourly chart of BCH/USD (data feed from Kraken). The price may extend its decline and might soon test the $275 support … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Struggle Continues

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Bitcoin Price Watch; Aggressive Trading Looks Solid

It’s Monday morning and we are off on a fresh session of trading in the bitcoin price. Last week, we were focused on the various resistance levels that price had broken throughout the daytime sessions and we highlighted 4000 flat as a level to keep an eye on over the weekend. Specifically, we suggested that … Continue reading Bitcoin Price Watch; Aggressive Trading Looks Solid

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Ethereum Price Technical Analysis – ETH/USD Recovering Higher

Key Highlights ETH price after trading as low as $286.13 against the US Dollar started a short-term correction. There was a break above a steep bearish trend line with resistance at $293.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher and could even test a major … Continue reading Ethereum Price Technical Analysis – ETH/USD Recovering Higher

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Ethereum Classic Price Technical Analysis – ETC/USD Struggle Continues

Key Highlights Ethereum classic price continued to move lower and traded below $14.80 against the US Dollar. There is a crucial connecting bearish trend line with resistance at $14.80 forming on the hourly chart of ETC/USD (Data feed via Kraken). The price might correct higher towards $14.80-15.00, but upsides are likely to face hurdles. Ethereum … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Struggle Continues

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Bitcoin Cash Price Technical Analysis – BCH/USD To Extend Declines

Key Points Bitcoin cash price failed to move past the $360 level against the US Dollar and started trading lower. There is a major descending channel pattern with resistance at $310 forming on the hourly chart of BCH/USD (data feed from Kraken). The price might continue to decline and could even test the $280-275 support … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD To Extend Declines

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Bitcoin Price Weekly Analysis – BTC/USD In Monstrous Uptrend

Key Points Bitcoin price rocketed higher above the $4000 level for a new high at $4098 against the US Dollar. There was a break above a crucial contracting and ascending triangle at $3765 on the 4-hours chart of BTC/USD (data feed from SimpleFX). Buying on dips towards the $3850 remain a good idea in the … Continue reading Bitcoin Price Weekly Analysis – BTC/USD In Monstrous Uptrend

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Ethereum Price Weekly Analysis – ETH/USD Pressured By Bitcoin

Key Highlights ETH price remained elevated above $280 against the US Dollar, but currently under pressure due to Bitcoin price rise. There was a break below a major bullish trend line with support at $303.50 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair is currently under pressure and may struggle to … Continue reading Ethereum Price Weekly Analysis – ETH/USD Pressured By Bitcoin

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Bitcoin Price Watch; Here’s What We’re Looking To End The Week With

So that is another week pretty much done for our bitcoin price trading efforts and we’ve managed to close out the week on a pretty positive note. For anybody that caught this morning’s analysis, our efforts throughout the day to do just that won’t come as anything of a surprise. For anybody that missed it, … Continue reading Bitcoin Price Watch; Here’s What We’re Looking To End The Week With

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Bitcoin Price Watch; Let’s Finish The Week On A High

The final day of the week is here in our bitcoin price efforts and the week has gone pretty quickly. We have managed to jump in and out of the markets on a number of occasions and – on many of these occasions – we have been able to draw a quick turnaround profit from … Continue reading Bitcoin Price Watch; Let’s Finish The Week On A High

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