Bitcoin (BTC) Price Hits Weekly Bearish Target: $10K Could Be Next

Bitcoin price broke the key $11,200 support level and declined below $11,000 against the US Dollar. The price tested the $10,500 bearish target (as discussed in the weekly forecast). There is a major bearish trend line forming with resistance near $11,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price […]

After Bullish Weekly Bitcoin Price Close, Bearish Factors Force Downside Targets

Last night saw the weekly close in Bitcoin price charts. All eyes were on the important weekly close, as Bitcoin price hovered right around weekly resistance that has kept Bitcoin in a downtrend since the start of 2018 – a downtrend that the leading crypto asset is very close to finally breaking out of for […]

Ethereum Price (ETH) Near Inflection Point With Bearish Angle

ETH price started a short term upside correction from the $201 low against the US Dollar. Ethereum price is currently trading near the key $215 resistance area and is showing bearish signs. There is a key ascending channel forming with support near $212 on the hourly chart of ETH/USD (data feed via Kraken). The pair […]

Bitcoin Price Under $12K But Analyst Says Being Bearish ‘Riskier’ Now

Bitcoin price return to $11,500 is ‘buy the dip’ opportunity Source link

As Litecoin Halving Nears, Analysts Fear Bearish LTC Scenario Unfolding

Halving events for cryptocurrencies are commonly referred to as catalysts that typically spark bull movements due to the fundamental strength they contribute to individual cryptocurrencies. Litecoin (LTC) is currently under two days away from its halving event, which has been widely viewed as a bullish event. Despite this, analysts are noting that Litecoin investors may […]

Bearish ECB Outlook Could be Bullish for Bitcoin, Claims Analyst

The global economy and Bitcoin (BTC) have both been incurring increasing volatility as of late, with the former’s volatility primarily being centered around recently released data from both the United States and Europe, which signals that the economy may currently be at a precarious point that requires a significant amount of monetary stimulus to be […]

Crypto Market and Bitcoin Showing Bearish Signs: BCH, EOS, TRX, ADA Analysis

The total crypto market cap failed to break the $290.0B resistance and recently declined below $275.0B. Bitcoin price is down around 3% and it recently broke the $10,500 support area. EOS price is down 5% after it failed to gain strength above the $4.400 resistance area. BCH price failed to hold the $320 support and […]

Ethereum Price (ETH) Turns Bearish Below $220, Bitcoin Breaks $10.5K

ETH price failed to continue higher above the $230 and $240 resistance levels against the US Dollar. The price started a fresh decrease and broke the key $220 and $218 support levels. Yesterday’s highlighted breakout pattern was breached with support near $222 on the hourly chart of ETH/USD (data feed via Kraken). The pair is […]

Billionaire: Trump & Congress Talking About Bitcoin is Bullish, Not Bearish

At long last, Bitcoin (BTC) has entered the mainstream discourse. Despite it still trading $9,000 shy of its $20,000 all-time high, established in late-2017 on the back of retail hype, the cryptocurrency has become a trendy topic. So trendy, in fact, that American leader Donald Trump decided to comment on Bitcoin and its ilk in […]

Bitcoin Price (BTC) Tumbles 15%: $8,880 Bearish Target In Sight

Bitcoin price failed to stay above the $11,000 level and resumed decline against the US Dollar. The price traded below the key $10,000 and $9,800 support levels to enter a bearish zone. There is a new connecting bearish trend line forming with resistance near $10,060 on the hourly chart of the BTC/USD pair (data feed […]