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Cryptocurrency News

Sun, Dec 8th, 2019
Wyckoff Schematics Suggests Bitcoin Bottom Not In at $6,600: Analyst

Is the bottom in? Since Bitcoin (BTC) fell precipitously to $6,600 late last month, analysts have been asking if the leading cryptocurrency has finally found a price bottom after a multi-month downturn....

Crypto Market is 0.25% of Global Stock Market: Can Bitcoin Catch Up?

While the creation of Bitcoin has spawned an entire industry of cryptocurrencies and blockchains that are used by individuals around the world, this nascent market remains small. Related Reading: Crypto...

Bitcoin Buyers Grow Aggressive; is a Rally Around the Corner?

After incurring a significant influx of volatility earlier this week, Bitcoin (BTC) has been able to gain some tempered upwards momentum as its buyers attempt to push it up towards its near-term resistance...

Four Crypto Projects to Keep Tabs on in 2020

The cryptocurrency world has more than its fair share of self-proclaimed clairvoyants. Whether it’s traders predicting great things for a digital token that’s set to launch, or a journalist touting...

Jack Dorsey eyes African market

Twitter CEO Jack Dorsey spent November on an extended trip through Africa, talking with Bitcoin business owners in Ghana, meeting with tech startups in Nigeria, and talking up the region’s Bitcoin prospects. ...

Bitcoin Cash ABC, Litecoin and Ripple Daily Analysis

The bear claws are out once more this morning. Failure to move back through early highs could leave the pack deep in the red

15% Jump to $8,500 on the Table for Bitcoin Price; Analyst Explains Why

Since Bitcoin (BTC) tapped $6,500 in late-November, analysts have been wondering if the bottom is really in. You see, the leading cryptocurrency bounced by 20% from $6,500, hitting $7,850 just a week after...

Bitcoin (BTCUSD) Consolidating Near Key 7500 Level

Bitcoin (BTCUSD) continued its effort to stabilize this past week, trading within a tight range around the psychologically key 7.5k level. Significantly, the bottomish weekly RSI and Stochastics hint at...

Ethereum Price Weekly Forecast: ETH Reversal Could Unfold Above $158

ETH price is struggling to gain pace above the $152 and $158 resistance levels against the US Dollar. The price is currently holding the main $144 support area and breakdown zone. There is a key contracting...

Bitcoin Weekly Forecast: BTC Won’t Go Quietly, Risk of Bounce Grows

After forming a base above $7,000, bitcoin price climbed above the $7,500 resistance against the US Dollar. The price is currently correcting gains and it is trading below the $7,440 level. There is a...

Bitcoin On-Chain Momentum Bullish Again, Traders May Push Prices Higher

While some analysts are still expecting Bitcoin (BTC) to fall further, it appears that fundamentals and on-chain metrics are starting to imply bulls have the upper hand. Related Reading: Bitcoin CME Futures...

Ethereum Trapped Beneath Multi-Year Resistance as Analysts Target Further Losses

Ethereum and most major altcoins have been closely tracking Bitcoin’s price action as of late, and the aggregated market has been unable to find any decisive momentum over the past few weeks. This lack...

Analytics: Bitcoin Price Bottom is Close, Bullish Reversal to be “Strong”

Since Bitcoin (BTC) tapped $6,500 in late-November, analysts have been wondering if the bottom is really in. You see, the leading cryptocurrency bounced by 20% from $6,500, hitting $7,850 just a week back....

Crypto Tidbits: Deutsche Bank Gives Nod to Bitcoin, EOS to Host Social Media, France Digital Currency

Another week, another round of Crypto Tidbits. Bitcoin saw an effectively flat week, gaining 0.08% over the past seven days according to Coin360.com. Altcoins have posted similar results, or rather, a...

Bitcoin Forming Bullish Long-Term Bottom Formation; Key Levels to Watch For

Bitcoin (BTC) has been able to incur some decent upwards momentum in the time since its faced a strong and swift rejection around $7,800, as it has since climbed up towards $7,600. Analysts are noting...

Germany to allow banks to sell and store crypto assets

Germany has passed a new law that will enable banks to sell and store bitcoin and other crypto assets in 2020. The bold move will cement Germany’s position as one of the most crypto-friendly jurisdictions...

Bitcoin Bull Narrative Gains Strength as Key Sell Signal Dissipates

As reported by NewsBTC just days ago, the opening month was harrowing for Bitcoin (BTC) for one reason: the open of the December candle for the cryptocurrency’s price triggered a “sell” signal on...

Ethereum Istanbul Blockchain Upgrade Under One Day Away; What’s Changing?

It seems that Christmas is coming earlier for users of Ethereum. The blockchain behind the second-largest cryptocurrency is about to see what is known as the “Istanbul” hard fork or blockchain update,...

Bitcoin Price Still on Track to Hit $6,200, Eerily Accurate Fractal Predicts

Bitcoin’s precipitous drop to $6,600 seen earlier this month caught many traders aback; nearly no one, not even the top traders and analysts, expected for that price action to play out as it did in real...

Dormant Bitcoin Network Implies “Dramatic Shift” Incoming, But in Which Direction?

If you’ve followed the Bitcoin and cryptocurrency space at all over the past few years, you likely know of the term “HODL,” A misspelling of the word “hold,” HODL is a long-time meme used by...

Chart of the Day

Precision Biosciences Inc (DTIL)

The Barchart Chart of the Day belongs to the biomedical company Precision BioSciences (DTIL). I found the stock by sorting Barchart's New All-Time High list first by the most frequent number of new highs in the last month, then used the Flipchar...
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