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Author: NewsBTC

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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Ethereum Price Technical Analysis – ETH/USD Showing Positive Signs

Key Highlights ETH price bounced against the US Dollar before the hard fork was initiated, and later corrected lower. There was a break higher, and currently there is a bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD acting as a support. The price is struggling to hold gains, but remains … Continue reading Ethereum Price Technical Analysis – ETH/USD Showing Positive Signs

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Bitcoin Price Watch; Here We Go!

In the words of someone I can’t remember… Here we go! The bitcoin price has run up throughout the majority of both the European and the US sessions on Tuesday, and our long awaited target of 800 flat, the key psychological resistance that should bring about some considerable upside follow through if it’s broken, is … Continue reading Bitcoin Price Watch; Here We Go!

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Bitcoin Price Watch; A Profitable Morning

Here goes Tuesday. The bitcoin price has sort of settled into a range bound pattern over the last couple of days, and we haven’t gotten off to the kind of week we would have liked. Not fully, that is. We managed to get in and out of the markets on a long position yesterday afternoon, … Continue reading Bitcoin Price Watch; A Profitable Morning

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Ethereum Classic Price Technical Analysis – ETC/BTC Trend Bearish

Key Highlights Ethereum classic price remained under heavy selling pressure and traded as low as 0.00106BTC. The 4-hours (data feed via Simplefx) of ETC/BTC clearly suggests a bearish trend with many resistances on the upside. The most important hurdle on the upside is near 0.00115BTC, followed by 0.00121BTC. Ethereum classic price may continue to weaken, … Continue reading Ethereum Classic Price Technical Analysis – ETC/BTC Trend Bearish

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Ethereum Price Technical Analysis – Can ETH/USD Buyers Make It?

Key Highlights ETH price continues to trade in a range against the US Dollar and Bitcoin, and waiting for a catalyst. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is almost broken, but with no momentum. The price is currently struggling to clear the 100 hourly simple moving … Continue reading Ethereum Price Technical Analysis – Can ETH/USD Buyers Make It?

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Bitcoin Price Watch; Here’s What’s On This Evening

So that’s Monday done, at least out of Europe, and it’s time to set up against the US afternoon and – beyond that – in to the Asian session later tonight. In this morning’s analysis, we noted that it looked as though price was winding up for a medium term increase, and that we might … Continue reading Bitcoin Price Watch; Here’s What’s On This Evening

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