NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?

Bitcoin Price Watch; Here Are This Evening’s Plays

Samuel Rae
Samuel Rae
1 year ago
2 mins read
Trend

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The day is drawing to a close, and its time to put out the second of our twice daily bitcoin price watch pieces. As far as trading days go, this one started out relatively flat, and the action we saw throughout the evening on Wednesday suggested we weren’t going to see anything special come the European open. How wrong this interpretation was. Action throughout today’s session, perhaps buoyed by some positive sentiment across global news media, has seen price boost to fresh weekly highs, and gain back some of the strength it lost earlier on in the week.

We’ve got some sideways consolidation going on right now, and it’s as good a time as any to outline a few key levels that we can focus on, and incorporate into our breakout strategy for this evening.

So with this said, and as we head into the close of Europe, the open of the US afternoon and, beyond that, into the open of Asia tonight, here’s what’s on. First up, take a look at the chart below to get an idea of the key levels that define this evening’s range.

Screen Shot 2016-06-30 at 16.44.10

As the chart shows, we are shifting our range to the upside to accommodate the recent upswing.

Specifically, we are looking at in term support to the downside at 660 flat, and in term resistance to the upside at 670 flat, Intrarange is on, so long at support and short at resistance towards a target of the opposing parameter.

Looking at breakout, if price closes below support it triggers a bearish signal towards an initial downside target of 650. A stop on this one at 664 keeps our risk tight. Conversely, if price closes above resistance, we will look to enter a long trade towards 680. Stop at 666 to keep risk tight.

Charts courtesy of Trading View

Tweet123Share196ShareSend
Samuel Rae
Samuel Rae

Samuel Rae

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

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.

Related News

Crypto Treasury Stocks Take a Fall After New Investments, Bringing PEPENODE’s Presale Into the Spotlight

Crypto Treasury Stocks Dump After New Investments, Bringing PEPENODE’s Presale Into the Spotlight

Crypto treasuries lose stock value after announcing new crypto investments, while Bitcoin took a dive to $111,676. Helius Medical Technologies...

Aaron Walker 57 minutes ago
Dogecoin news

21Shares’ Spot Dogecoin ETF Hits DTCC—Will It Ignite A Rally?

21Shares’ proposed spot Dogecoin ETF has appeared on the Depository Trust & Clearing Corporation’s public “Exchange Traded Funds — Active...

Jake Simmons 1 hour ago
Memecoins krenta, tačiau Snorter Bot toliau ieško naujų galimybių – ICO pasiekė $4 mln.

Memecoins krenta, tačiau Snorter Bot toliau ieško naujų galimybių – ICO pasiekė $4 mln.

Telegram pagrindu veikiantis prekybos botas Snorter Bot Token (SNORT) savo ICO metu surinko 4 mln. USD, nors platesnė meme monetų...

Tomas Jankūnas 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

snorter bot token

Μόλις 27 ημέρες απομένουν πριν κλείσει η προπώληση του Snorter Bot Token – Η πρώιμη πρόσβαση δεν θα διαρκέσει πολύ

Ιωάννης Ριζόπουλος 8 minutes ago
ethereum-stablecoins-pepenode-maxidoge

Ethereum chute, mais la market cap des stablecoins explose : vers un redéploiement de capital ?

guillaumev 18 minutes ago
Биткоин и график

Strategy инвестирует $100 млн в Биткоин – институционалы укрепляют рынок

daria 47 minutes ago

Premium Sponsors

Press Releases

  • Най-добрите мемекойни за...

    52 minutes ago
  • Najlepsze memecoiny do kupienia, gdy kapitalizacja rynku memów zbliża się do 80 miliardów dolarów

    Najlepsze memecoiny do kupienia, gdy kapitalizacja rynku...

    1 hour ago
  • Altcoin sezóna je tu. Tyto tři faktory mohou pohánět rally

    Altcoin sezóna je tu. Tyto tři faktory mohou pohánět...

    2 hours ago
  • Najlepsze altcoiny do kupienia, gdy cena Solany zbliża...

    2 hours ago
  • Altcoin sezóna je tu. Tieto tri faktory môžu poháňať rally

    Altcoin sezóna je tu. Tieto tri faktory môžu poháňať...

    2 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

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.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.