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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

ETH/USD and ETH/BTC Technical Analysis eptember 14 2017

newsbtc
newsbtc
1 year ago
1 min read
ethusd

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Hello and welcome to News BTC’s Market Outlook September 14.

ETH/USD

Ethereum fell significantly on Wednesday, reaching as low as $255. The crypto currencies in general are getting hammered as the Chinese have made it known that they are not happy with the situation. By showing the willingness to come in and shutdown exchanges, this is probably the biggest fear most crypto currency traders face. Because of this, we are starting to see money leave the marketplace, and this could in the end offer a nice buying opportunity. However, I think that we need to see you at least the day of stability to start buying.

ETH/BDC

The Ethereum market also fell against Bitcoin, reaching as low as 0.068 during the session. The market looks likely to remain volatile, but quite frankly it still seems a bit negative. Ultimately, the market continues to be massively resistive, because quite frankly the market has seen a lot of action around the 0.07 region. Ultimately, this market will remain noisy, and somewhat bearish.

Thanks for watching I’ll be back tomorrow.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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