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Category: NewsBTC

Bitcoin Cash Price Technical Analysis – Can BCH/USD Bounce Back?

Key Points Bitcoin cash price started a downside correction from the $1380 swing high against the US Dollar. There is a major bullish trend line forming with support at $1190 on the hourly chart of BCH/USD (data feed from Kraken). The price remains supported on the downside near the $1200 and $1190 support levels. Bitcoin … Continue reading Bitcoin Cash Price Technical Analysis – Can BCH/USD Bounce Back?

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Ninja down? Why slow ICO is trending

Raising money is no more fast and nonetheless furious. While the whole ICO market is booming, the game rules are rapidly changing, turning gamers into professionals and getting rid of amateurs and scam. It turned out that for blockchain making “fast money” compromises the very idea of long-term investing, giving ground for various speculations. What … Continue reading Ninja down? Why slow ICO is trending

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Bitcoin Price Watch; Here Are Tonight’s Trades

We are closing in on the end of the European session in our bitcoin price trading efforts and it is time to take the second of our twice-daily looks at what has happened today in an attempt to put together a strategy that we can use to take advantage of any action we see this … Continue reading Bitcoin Price Watch; Here Are Tonight’s Trades

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ALT COIN MONERO BEARS SHALL DRIVE LOWER IF PRICE ACTION FAILS TO CLOSE ABOVE $135

It is now likely that alt coin Monero bears will drive prices lower after price action failed to close above $136 on 5 different occasions after November 12. Generally, most alt coins other that NEM seem to be shedding their recent gains. Alt coin NEO is a perfect example. Let’s look at the charts: NEM … Continue reading ALT COIN MONERO BEARS SHALL DRIVE LOWER IF PRICE ACTION FAILS TO CLOSE ABOVE $135

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Bitcoin Price Achieves New All-Time High at $8,100, Market Confident in Institutional Investors

The bitcoin price has officially achieved a new all-time high price at $8,100, surpassing its previous high at $8,050 established earlier this week. $10 Billion Awaiting to be Invested in Bitcoin Analysts have attributed the recent surge in the price of bitcoin to the global bitcoin market’s optimism towards the launch of bitcoin futures by … Continue reading Bitcoin Price Achieves New All-Time High at $8,100, Market Confident in Institutional Investors

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Bitcoin Cash Price Weekly Analysis – BCH/USD Upsides Remain Capped

Key Points Bitcoin cash price recovered well from the $835 swing low against the US Dollar to trade above $1000. There is a major descending channel forming with resistance at $1225 on the 4-hours chart of BCH/USD (data feed from Kraken). Upsides remain capped as long as the pair is below the $1250 resistance zone … Continue reading Bitcoin Cash Price Weekly Analysis – BCH/USD Upsides Remain Capped

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Bitcoin Price Weekly Analysis – BTC/USD Eyes New High

Key Points Bitcoin price is in super bullish trend and it recently traded above $7950 against the US Dollar. There is a connecting resistance trend line forming with current barrier near $8050 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now well supported above the $7500 level and eyes a … Continue reading Bitcoin Price Weekly Analysis – BTC/USD Eyes New High

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Ethereum Price Weekly Analysis – ETH/USD Breaks Imp Resistance

Key Highlights ETH price made a nice upside move and traded above the $328 resistance against the US Dollar. There is a major bullish trend line forming with support at $337 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair remains in an uptrend and it will most likely trade above the … Continue reading Ethereum Price Weekly Analysis – ETH/USD Breaks Imp Resistance

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ALT COIN BULLS GAINS $17 ON NOVEMBER 17

In general, it’s the beginning of another rally for NEO bulls after that break above $40. This and combination of another bull drive in Monero and DASH should be profitable opportunities in the cryptocurrency realm. Let’s look at the charts: NEM BULLS KEEP PRICE ABOVE $0.20 MAIN SUPPORT LINE Consolidation is the word for this … Continue reading ALT COIN BULLS GAINS $17 ON NOVEMBER 17

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Bitcoin Price Watch; An End Of The Week Profit

We are closing in on the end of the week and it’s time to take the second of our twice-daily looks at the bitcoin price in an attempt to figure out how action today can be fed into a strategy that we can use to draw a profit from the market as we head into … Continue reading Bitcoin Price Watch; An End Of The Week Profit

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Bitcoin Price Watch; A Wild End To The Week

So, we have come to the end of the week in our bitcoin price trading efforts and it’s looking as though we are going to have a pretty interesting close to the session. Things started moving late yesterday and we were able to jump into the markets on a nice clean breakout trade shortly before … Continue reading Bitcoin Price Watch; A Wild End To The Week

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