22-07-2017
10:34 pm
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Category: Analysis

Bitcoin Price Watch; Back On Top! No Comments

What a day. The bitcoin price started off the week on the back of what looked to be a substantial decline and had mainstream news media calling for the death of the cryptocurrency space as a whole. We had a couple of opinions on this as the week kicked off. Not on the death of the cryptocurrency space – that's nonsense, of course. On the media response to the decline. On one hand, we said it was...


Bitcoin Price Watch; Whatever Comes Our Way No Comments

The end of the week is almost here and there's plenty in line for discussion today. Action in the bitcoin price throughout the week has been both good and bad in parts. Some elements of the European session have been very conducive to our intraday strategy and we’ve had a number of opportunities to jump in and out of the markets for a profit on the back of these times. Others haven’t been so ...


DASH/USD and LTC/USD Technical Analysis July 20, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 20. DASH/USD DASH rally during the day on Wednesday, slicing through the $170 level. We still have quite a bit of resistance above though, and it looks like we are starting to roll over little bit. With this being the case, it’s likely that we may get a bit of a pullback during the session but the $150 level should offer support. Al...


ETH/USD and ETH/BTC Technical Analysis July 20, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 20. ETH/USD Ethereum chopped during most of the session on Monday, as we continue to try to build up the momentum to the upside. However, this looks like a market that’s running out of steam, so I would expect a bit of sideways action, perhaps with a slightly downward bias. Expect the $200 level to offer support though, and it could...


BTC/USD and BTC/JPY Technical Analysis July 20, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 20. BTC/USD Bitcoin went back and forth during the session on Wednesday in early trading, showing that we are in fact running into a bit of trouble at the 2400 level. It’s likely that we see a short-term pullback, but I would suspect that there is massive support at not only the 2200 level, but also the 2000 level after that. Altern...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD To Resume Trend No Comments

Key Highlights ETH price started a correction after trading as high as $255.74 against the US Dollar. Yesterday’s highlighted major bullish trend line with support at $205 on the hourly chart of ETH/USD (data feed via SimpleFX) was broken. The price is bouncing back, and it looks like a correction towards $185 is now complete. Ethereum price likely completed a short-term correction...


Bitcoin Price Technical Analysis for 07/20/2017 – Double Top In Sight! No Comments

Bitcoin Price Key Highlights Bitcoin price could be in for a drop as it tests a long-term resistance level and has formed a double top pattern. Price has yet to break below the neckline before confirming the potential selloff. Technical indicators are showing mixed signals at the moment. Bitcoin price is still hovering around its long-term resistance and showing a short-term reversal...


Dash Price Technical Analysis

Dash Price Technical Analysis – DASH/USD Gaining Momentum No Comments

Key Highlights Dash price recovered well from the recent $135 swing low versus the US Dollar and moved higher. There is a new connecting bullish trend line with support at $158 forming on the hourly chart of DASH/USD (data feed from Poloniex). The price is currently trading higher and looks set to break the $170 level in the near term. Dash price (DigitalCash) traded positively again...


Bitcoin Price Watch; Here’s What’s On This Evening No Comments

So that's another day out of the way for our bitcoin price trading efforts and – yet again – we’ve had a pretty decent run of things throughout the European session. As our regular readers will be all too aware, the markets were a bit rough on us last week and we weren't able to close out the weekly session for a net profit. That's the first time that's happened in a while (we don't always r...


Bitcoin Price Watch; Here’s What’s Next No Comments

Around this time last year, the bitcoin price got stuck in a cycle of up-and-down action followed by periods of drawn out consolidation. The cycle came on the back of a variety of different news inputs, with both positive and negative sentiment playing the way price moved. As we head into the middle of this week, it looks we are in the midst of a similar sort of pattern. Price cannot seem to...


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