23-07-2017
04:40 pm
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Tag: btc

Bitcoin Price Weekly Analysis BTC USD

Bitcoin Price Weekly Analysis – BTC/USD To Continue Higher No Comments

Key Points Bitcoin price surged higher recently and moved above $2700 against the US Dollar to gain momentum. There was a break below a major bearish trend line with resistance at $2380 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The price is currently consolidating above the $2650 support and setting up for the next move. Bitcoin price after a major decline recovered ...


BTC/USD and BTC/JPY Technical Analysis July 21, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 21. BTC/USD Bitcoin rallied against the US dollar, slicing through the vital $2400 level. As I predicted yesterday, the $2600 level would be targeted. That’s where we find ourselves during recording, and I believe that if the market can continue higher, the next target will be 2800. Until then, I remain very bullish of this market o...


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...


DASH/USD and LTC/USD Technical Analysis July 19, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 19. DASH/USD DASH rallied during the session on Tuesday, breaking above the $150 level. It looks as if the market is going to continue to go higher but there’s a lot of noise above, so it’s likely that it will be a very difficult grind higher. However, if we get some type of exhaustive candle, it could turn the entire thing back a...


ETH/USD and ETH/BTC Technical Analysis July 19, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 19. ETH/USD The Ethereum market initially fell during the day against the US dollar on Tuesday but found enough support at the $180 level to turn around and form a hammer. A break above the $200 level would be a bullish sign, and should continue to bring more buyers into the marketplace. ETH/BTC The Ethereum market fell slig...


BTC/USD and BTC/JPY Technical Analysis July 19, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 19. BTC/USD Bitcoin initially fell during the session on Tuesday, but found enough support below the 2200 level to turn around and continue to go even higher. We are facing a significant amount of resistance in the form of the $2400 level though, so clearing that could open the door to the $2600 level. Because of this, if you did not ...


ETH/USD and ETH/BTC Technical Analysis July 18, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 18. ETH/USD Ethereum rallied on Monday, but struggled at the $180 level. I think there is a lot of noise between the $180 level and the $200 level, so I am going to wait until we break above $200 before I start to put any money to work. As for selling, it looks as if the $150 level is starting to form significant support. Because of t...


BTC/USD and BTC/JPY Technical Analysis July 18, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 18. BTC/USD Bitcoin rallied on Monday, bouncing from the 50% Fibonacci retracement level in the neighborhood of 2000. Because of this, looks as if the buyers are trying to return, and a break above the highs from the session should send this market even higher. However, there is a lot of noise above, and therefore volatility should re...


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