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Bitcoin and Altcoins Signaling Downtrend Continuation


In the past few days, there were heavy downsides in bitcoin. BTC/USD traded below many supports such as USD 8,000, USD 7,650 and USD 7,050 to move further into a downtrend. It recently tested the USD 6,550 support zone and currently (09:00 UTC) remains at a risk of more losses. More importantly...

Bitcoin Price Tumbles Below USD 6.7K, Major Altcoins Bleed More


After trading sideways during the weekend, the most popular cryptocurrency, bitcoin (BTC) took another hit in the early hours on Monday (UTC time), dropping below USD 6,700. At pixel time (05:23 UTC), trades at c. USD 6,682. It's down by 7% in the past 24 hous and by 22% in the past week...

Crypto 2020: Institutions to Pick Bitcoin, Retail to Stay in Altcoins


Both institutional and retail investments are indispensable if crypto is to grow, but it's likely that in 2020 we'll see different kinds of investment from different demographics. As experts tell Cryptonews.com, institutional investors might become more important next year and are likely to focus...

Bitcoin and Altcoins Likely to Continue Bleeding


In the past three sessions, there was a sharp increase in selling pressure on bitcoin, resulting in a downside break below the USD 7,850 support area. BTC/USD declined more than 7% and traded below the USD 7,650 support. It is currently (09:00 UTC) trading near USD 7,500, with a negative...

Bitcoin and Altcoins Consolidate Below Key Resistances


In the past few sessions, there were mostly range moves above the USD 8,000 support. BTC/USD made an attempt to climb above the USD 8,200 and USD 8,250 resistance levels, but it failed. It is currently (09:00 UTC) consolidating and remains at a risk of more losses below USD 8,000. Likewise, many...

Bitcoin and Altcoins In Corrective Increase But Downtrend Intact


In the past few sessions, there was a downside extension in bitcoin price below the USD 8,250 and USD 8,050 support levels. BTC/USD even tested the USD 8,000 handle and it is currently (09:00 UTC) correcting higher. However, there are many resistances on the upside near USD 8,250 and...

Bitcoin and Altcoins Downside Thrust Underway


Yesterday, we discussed the possibility of a downside extension in bitcoin towards the USD 8,250 and USD 8,050 support levels. BTC/USD did decline recently and broke the USD 8,250 support area. The price is now (09:00 UTC) struggling to stay above the USD 8,050 and USD 8,000 support levels....

Bitcoin and Altcoins Hesitate But Further Losses Seem Likely


This past week, bitcoin price followed a bearish path and traded below the USD 8,650 and USD 8,550 support levels. BTC/USD traded to a new monthly low and it is currently (09:00 UTC) consolidating losses above the USD 8,400 level. The technical formation is bearish, suggesting more losses towards...

Bitcoin and Altcoins Target Fresh Monthly Lows


This week, bitcoin followed a bearish path below the USD 9,000 and USD 8,800 support levels. BTC/USD even traded below the USD 8,650 support and it is now (09:00 UTC) trading just above the USD 8,500 support. The current price action suggests that there could be more losses below USD 8,500....

Bitcoin and Altcoins Likely to Break Lower


In the past few sessions, bitcoin price mostly followed a range below the USD 8,850 and USD 8,950 resistance levels. BTC/USD is currently (09:00 UTC) trading with a bearish angle and it could continue to decline below the USD 8,650 and USD 8,550 support levels. Likewise, most major altcoins traded...

Bitcoin and Altcoins Signaling Bearish Continuation


There was hardly any upside correction in bitcoin above the USD 8,950 and USD 9,000 resistance levels. BTC/USD is mostly following a bearish path and it seems to be facing many resistances near USD 8,850 and USD 8,950. Similarly, most major altcoins are trading (09:00 UTC) in a downtrend...

Buying Opportunity for the King of Altcoins: Aka Ethereum


Chartering through numbers and data, it is evident that Ethereum (ETH) has some nice gain potential in the coming Bull Run. As quoted by Baron Rothschild himself, “Buy when there’s blood in the streets, even if the blood is your on” pretty much sums up the current Altcoins scenario across...

Bitcoin and Altcoins at Risk of Further Declines


After a short term upside correction, bitcoin price struggled to settle above USD 9,000. As a result, BTC/USD declined again and traded below the USD 8,850 support area. The price even traded to a new weekly low and it is currently (09:00 UTC) consolidating near the USD 8,750 level. Similarly, most...

Bitcoin and Altcoins Trading With Bearish Bias


After a major decline, bitcoin price started a short term upside correction above the USD 8,850 level. BTC/USD even spiked above USD 9,000, but upsides remained capped. The price is currently (09:00 UTC) declining and it remains at a risk of more downsides below the USD 8,750 support...

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