January 27, 2020 Bitcoin Price Pushes Above $8.8K as Bulls Attempt to Reclaim $9,000 Bitcoin bulls sliced through $8.8K and pushed the price right to the doorstep of $9,000 on a high volume breakout. After a pleasant weekly close, Bitcoin (BTC) bulls turned up Monday prepared to push the price to the $9K mark and possibly above.…
January 27, 2020 Price Analysis Jan 27: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ETC, XLM Most major cryptocurrencies have risen sharply from their recent lows which shows that bulls are building positions on every dip. Investors are rushing into various safe haven assets as the coronavirus death toll in China rises and the virus spreads in various Asian countries, the US, parts of Europe and Australia.…
January 27, 2020 Bitcoin Breaks 7-Month Downtrend But Must Clear These Hurdles to $10K Bitcoin price has broken its 7-month downtrend and it’s starting to look like the entire cryptocurrency market is entering a new bull market phase. The price of Bitcoin (BTC) found strong support at $8,200 last week, after which it started to rally toward $8,800 earlier today.Alongside…
January 27, 2020 ‘Different Type of Shakeout’ — Trader Says Bitcoin Unlikely to Hit $6 Speaking to Cointelegraph, Charlie Burton and Eric Krown said the prospect of a return to recent lows for Bitcoin was now a remote possibility. Bitcoin (BTC) hitting $6,000 again is not only unlikely but would be “concerning,” a well-known commentator has told Cointelegraph. Speaking…
January 27, 2020 What Impact Would a Ripple IPO Have on XRP Price? Plans for going public have excited audiences but fears are already emerging about the possible detrimental effect on XRP in the long term. Blockchain payment network Ripple launching an initial public offering (IPO) could, in fact, devalue the cryptocurrency in which it holds a majority stake. According…
January 27, 2020 Bitcoin Price Indicator That Called 2019 Bull Run Flashes Green Again Historically accurate at telling traders when price action is about to flip bullish, the Guppy is now repeating its April 2019 behavior. Bitcoin (BTC) plans to move higher and further squeeze bears in the short term, several price indicators suggest.As…
January 27, 2020 Bitcoin Price Blitzes the $8.5K Resistance as Bulls Target $8.8K Bitcoin bulls finally pushed the price above $8,500 and the 50-DMA but bulls now need to take out the $8,500-$8,650 level in order to reach the next target at $8,800. As the weekly close approached, Bitcoin (BTC) price gained above $8,500 after spending the previous day trading in the $8,200 to $8,300 range.…
January 26, 2020 Top 5 Cryptos This Week (Jan 26): HEDG, DASH, BSV, ETC, XTZ The next few days will decide whether cryptocurrencies will fall in tandem with equity and crude oil due to coronavirus or will they buck the trend. The coronavirus outbreak that started in China has gradually spread to a number of countries across the world.…
January 26, 2020 Analyst Who Predicts Bitcoin Will Hit $1,000,000 Says This Ratio Shows BTC’s Big Advantage Over Amazon PlanB, a closely-watched crypto analyst known for his bold prediction that Bitcoin will hit $1,000,000 over the next decade, says a popular ratio used to asses risk and reward shows the leading cryptocurrency’s potential upside compared to some of the biggest stocks on the Nasdaq.…
January 25, 2020 Ripple Says Massive Global Expansion of XRP Payments Network Launching in 2020 Ripple says it’s launching its XRP-based cross-border payments product around the world in 2020. In its latest XRP Markets Report, the real-time gross settlement company says it will add more corridors in the following regions throughout the year for its On-Demand Liquidity (ODL). Asia-Pacific Europe Middle East Africa Latin America To date, Ripple’s liquidity solution powers payment corridors between the US, Mexico and the Philippines and serves more than two dozen companies including goLance, Viamericas, MoneyGram, Interbank Peru and FlashFX.…
January 25, 2020 ‘Nothing Special’ — Bitcoin Slumps 6% on Coronavirus, Chinese New Year A double whammy of uncertainty in stocks and a New Year sell-off could be at the heart of BTC/USD erasing gains last week, analysts say. Bitcoin (BTC) has shed 6% in a week thanks mainly to Chinese New Year and uncertainty over coronavirus, commentators are suggesting.Analyzing…
January 24, 2020 Two Veteran Traders See Bullish Signs With Bitcoin Rebounding to $8.5K Bitcoin held $8.2K, leading to an oversold bounce that produced a 3.97% gain but now the price is struggling to push through the 50-EMA as $8.5K…
