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Author: NewsBTC

Bitcoin Price Watch; Price Finds Medium Term Support

The European session is now well underway in the bitcoin price it’s time to take a look at how action overnight can feed into a strategy moving forward today. In yesterday’s analysis, we commented on the fact that the correction we have seen during the early week looked to be reversing and that the late … Continue reading Bitcoin Price Watch; Price Finds Medium Term Support

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DASH/USD and LTC/USD Technical Analysis August 23, 2017

Hello and welcome to News BTC’s Market Outlook Aug 23. DASH/USD DASH continues to look very choppy, as we hover below the $300 level. Because of this, I am waiting for a break above the $300 level to start buying. I believe there is a bit of a “floor” in the market near the $250 … Continue reading DASH/USD and LTC/USD Technical Analysis August 23, 2017

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ETH/USD and ETH/BTC Technical Analysis August 23, 2017

Hello and welcome to News BTC’s Market Outlook Aug 23. ETH/USD Ethereum fell precipitously during the day on Tuesday, reaching towards the $284 level underneath. We bounced enough to break above the $300 level again, and it now looks likely that the buyers might be interested in this market. However, it’s going to be very … Continue reading ETH/USD and ETH/BTC Technical Analysis August 23, 2017

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BTC/USD and BTC/JPY Technical Analysis August 23 2017

Hello and welcome to News BTC’s Market Outlook Aug 23. BTC/USD Bitcoin fell rather rapidly during the session on Tuesday, breaking down to the vital $3600 level. That is an area that is massively supportive, and if we were to break down below there, the market would go much lower. We have bounced back to … Continue reading BTC/USD and BTC/JPY Technical Analysis August 23 2017

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Bitcoin Cash Price Technical Analysis – BCH/USD Back Bullish?

Key Points Bitcoin cash price after trading as low as $533 against the US Dollar found support and traded higher. Yesterday’s highlighted crucial descending channel pattern with resistance near $625 on the hourly chart of BCH/USD (data feed from Kraken) was broken. The price is now following a bullish path and could trade above $720 … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Back Bullish?

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Bitcoin Price Watch; Riding Out The Volatility

So that’s another day done in our bitcoin price trading efforts and we’ve had a pretty good one. As we noted this morning, volatility across the evening session brought price to trade a little bit lower than we might have liked, but not to the point that we could write off a near term reversal … Continue reading Bitcoin Price Watch; Riding Out The Volatility

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DASH/USD and LTC/USD Technical Analysis August 22, 2017

Hello and welcome to News BTC’s Market Outlook Aug 22. DASH/USD DASH did very little during the day on Monday, as we continue to hover just below the $300 level. A break above there should send this market looking towards the $350 level, and I believe there is a significant amount of support below, extending … Continue reading DASH/USD and LTC/USD Technical Analysis August 22, 2017

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ETH/USD and ETH/BTC Technical Analysis August 22, 2017

Hello and welcome to News BTC’s Market Outlook Aug 22. ETH/USD Ethereum exploded to the upside during the session on Monday, clearing the resistance level at the $312 level, and reached towards the $345 level. The market is up over 15% as I write this, so if you’re not in now, you would be wise … Continue reading ETH/USD and ETH/BTC Technical Analysis August 22, 2017

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BTC/USD and BTC/JPY Technical Analysis August 22, 2017

Hello and welcome to News BTC’s Market Outlook Aug 22. BTC/USD Bitcoin found itself going sideways during most of the session on Monday, as we continue to hover just above the $4000 level. Because of this, I think we are in an accumulation phase, meaning that adding slowly is probably the best way to go, … Continue reading BTC/USD and BTC/JPY Technical Analysis August 22, 2017

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LAToken takes crypto economy to multitrillion dollar markets

This week Bitcoin hit a record high of $4,480, and its market capitalization reached as high as $73.5 billion, within touching distance of major stocks like Adobe and Netflix. If bitcoin was a stock, it would have already passed the market capitalization of Paypal. There are already dozens of cryptocurrencies worth eight figures, and the birth … Continue reading LAToken takes crypto economy to multitrillion dollar markets

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Ethereum Price Technical Analysis – ETH/USD Approaching Support

Key Highlights ETH price surged higher and traded as high as $344.46 against the US Dollar. There is a connecting bullish trend line with support at $308 forming on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is approaching the $310-308 support area and likely to find buyers on the dips. Ethereum … Continue reading Ethereum Price Technical Analysis – ETH/USD Approaching Support

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