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Author: NewsBTC

Bitcoin Price Watch; Volatility Ahead?

And we’re off on another week’s worth of trading in the bitcoin price. Things have been pretty volatile over the last ten days or so, and we’ve seen a number of major moves in bitcoin that say a lot about what’s happening in the space from a fundamental perspective. After the overarching negative sentiment that … Continue reading Bitcoin Price Watch; Volatility Ahead?

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DASH/USD and LTC/USD Technical Analysis April 24, 2017

Hello and welcome to News BTC’s Market Outlook April 24. DASH/USD DASH continues to chop around in a very tight range against the US dollar, as $70 offers a very significant support. As we find ourselves getting closer to that level, I’m more apt to start buying and perhaps try to hang on to the … Continue reading DASH/USD and LTC/USD Technical Analysis April 24, 2017

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ETH/USD and ETH/BTC Technical Analysis April 24, 2017

Hello and welcome to News BTC’s Market Outlook April 24. ETH/USD Ethereum pulled back slightly against the US dollar on Friday, as we continue to consolidate between the $50 level on the bottom, and the $53 level on the top. Because of this, short-term pullbacks continue to offer buying opportunities as the market seems relatively … Continue reading ETH/USD and ETH/BTC Technical Analysis April 24, 2017

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BTC/USD and BTC/JPY Technical Analysis April 24, 2017

Hello and welcome to News BTC’s Market Outlook April 24. BTC/USD Bitcoin rallied on Friday against the US dollar, breaking above the $1320 level. We pulled back a little bit to form a bit of a shooting star, so it’s likely that we can get a bit of bearish pressure during the session on Monday, … Continue reading BTC/USD and BTC/JPY Technical Analysis April 24, 2017

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Ethereum Price Technical Analysis – ETH/USD Trades Positive

Key Highlights ETH price remained in an uptrend, and moved above the $52.40 resistance against the US Dollar. There are now two bullish trend lines with support at $52.80 and $51.80 formed on the hourly chart (ETH/USD, data feed via SimpleFX). The price may continue to move higher, and may even break the $53.60 resistance … Continue reading Ethereum Price Technical Analysis – ETH/USD Trades Positive

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Creditbit Price Technical Analysis – CRBIT/BTC Recovering

Key Highlights Creditbit price recently fell further and traded towards 0.00070BTC level against Bitcoin where it found support. There is now a connecting bullish trend line formed with support at 0.00080BTC on the 1-day chart of CRBIT/BTC (data feed from Worldcoinindex). The price is currently trading higher and may continue to gain pace in the … Continue reading Creditbit Price Technical Analysis – CRBIT/BTC Recovering

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Bitcoin Price Weekly Analysis – BTC/USD Monstrous Bullish Trend

Key Points Bitcoin price is currently trading higher and well above the $1300 handle against the US Dollar. There is a monster ascending channel with support at $1280 formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD. The price is testing the channel resistance area at $1350, and may correct lower in the … Continue reading Bitcoin Price Weekly Analysis – BTC/USD Monstrous Bullish Trend

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Ethereum Price Weekly Analysis – ETH/USD Back Bullish

Key Highlights ETH price after a couple of downside swing move towards the $47.50 level found support against the US Dollar. There is a monster bullish trend line formed with support at $49.90 formed on the 4-hours chart of ETH/USD (data feed via SimpleFX). On the upside, the pair needs to break the $52.80-53.00 resistance … Continue reading Ethereum Price Weekly Analysis – ETH/USD Back Bullish

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Bitcoin Price Watch; 1300 Broken – We Called It!

So that’s the big one broken. We’ve been looking for a 1300 test for the past few weeks (although we’ve also been slightly quiet about our intentions to trade it as and when it gets hit so as not to jinx the play), and we thought we might have to wait until volume picked up … Continue reading Bitcoin Price Watch; 1300 Broken – We Called It!

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DASH/USD and LTC/USD Technical Analysis April 21, 2017

Hello and welcome to News BTC’s Market Outlook April 21. Dash/USD DASH went back and forth during the session, bouncing around between $71 and $78.50 on the top against the US dollar. This range bound action looks set to continue, so a simple range bound trading system is probably best employed here. Looking for support … Continue reading DASH/USD and LTC/USD Technical Analysis April 21, 2017

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ETH/USD and ETH/BTC Technical Analysis April 21, 2017

Hello and welcome to News BTC’s Market Outlook April 21. ETH/USD After a significant selloff late in the evening, Ethereum has gained back most of the losses to hover around the $50.65 level. Currently, looks as if the market is consolidating to build up a bullish pressure and head towards the $52 level again. A … Continue reading ETH/USD and ETH/BTC Technical Analysis April 21, 2017

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