CryptoNewsZ

• Bitcoin Technical Analysis: BTC Price Approaches Key Support Level December 5, 2019
  Bitcoin prices are showing some strength here, and it is very crucial to understand the overall trend as it is very easy to get lost in the small timeframe noises.   Bitcoin Price Analysis 1 Week Time Frame: Weekly Bitcoin price briefly fell below 61.8% Fib level, but bull manages to push the price upward, […]
  Ruti Vora
• Jack Dorsey Betting Big for Bitcoin in Africa; Is Bitcoin Ready? December 4, 2019
  Cryptocurrencies have been one of the most polarizing concepts of this century, and the divide seems to be growing day by day. With traditionalists like Warren Buffett and other established names criticizing Bitcoin, modern entrepreneurs, especially from the technology space, like Mark Zuckerberg and Elon Musk, have come out openly in its support. Among all […]
  Trevor Holman
• Bitcoin Trades Around $7.2k; Holds a Strong Risk of Sliding Below $7k December 3, 2019
  Bitcoin price records a dip of over 5% in two days from ranging at $7,553.42 to bottoming out at $7,161.70 The current trading price of BTC is correcting downwards from $7,500-$7,300 price range and is consolidating around $7,200 price area BTC trading price around $7,200 has been stable since past 24 hours with a few […]
  Mehak Punjabi
• Bitcoin (BTC) Trades with Inactive Supports; May Lead to $6,800 December 2, 2019
  BTC trades at $7,289, below the major supports, i.e., $7,350 and $7,500 Bitcoin records a 7-day high around $7,830 and there happens to be an S/R flip; $7,350 and $7,500 prices are acting as major resistances The downfall below $7,500 has been quite rapid in a 24-hour time frame Bitcoin trades under selling pressure with […]
  Mehak Punjabi
• Bitcoin’s Month-Long Plunge Sees a Break; Starts Forming Higher Highs November 30, 2019
  BTC is driving the market towards its weekly high as it is heading to cross $7800 with a positive bias. The leading crypto coin had started an uptrend around five days ago when the price faced bottom well below the key support levels. Now, when Bitcoin is recovering its loss of valuation, it is to […]
  Mehak Punjabi
• Bitcoin (BTC) Bounces Back, Swing Traders Paradise! November 29, 2019
  Bitcoin’s current price is a swing trader’s paradise with clear support and resistance zones. It is respecting Fibonacci levels on weekly and daily time frames like clockwork. Using weekly and daily charts with Simple Moving Averages, Ichimoku Kinko Hyo, Fibonacci Retracement Tool, and RSI indicator, interesting things can be observed.   Bitcoin Price Analysis: A […]
  Ruti Vora
• Bitcoin (BTC) Trades Above $7,500; Is this a Reliable Bull Trend? November 28, 2019
  Bitcoin, this time hits the major resistance level at $7,500 instead of just battling with supports BTC price took a leap above $7,600 as well, after nearly five trading days—when it was correcting downwards, but this time it seems to be spiking Bitcoin trading price is now supported by the short-term moving averages Bitcoin has […]
  Mehak Punjabi
• Cryptocurrency Technical Analysis: A Tale of Dance between Ripple, Stellar Lumens & Bitcoin November 28, 2019
  XRP (Ripple) and XLM (Stellar Lumens) can be seen dancing together in tune with Bitcoin’s price action. Current XRP and XLM prices are highly correlated to the BTC price action and in turn, correlated to each other as well as shown in the given chart below:     BTC/USD is denoted by a white line […]
  Ruti Vora
• Bitcoin Rises Drastically within No Time; Hits the Overbought Region November 27, 2019
  Bitcoin trades above $7,000 after having hit bottom around $6,900, just at the time of writing BTC price gains support as it takes a steep climb above $7,100 The Green long candle has hit the right direction only if it would stay Bitcoin price trend looks like a half hourglass, from trading around $7,340 yesterday […]
  Mehak Punjabi