Tag: 247 Bitcoin

Key Points        ·         Bitcoin cash price recovered further, but it failed to move above the $540 resistance area against the US Dollar. ·         There is an expanding triangle forming with current support at $492 on the hourly chart of the BCH/USD pair (data feed from Kraken). ·         The pair could bounce back once again, but…

The post Bitcoin Cash Price Analysis: BCH/USD Upsides Capped Near 100 SMA appeared first on NewsBTC.

Bitcoin Price Key Highlights Bitcoin price recently broke above a short-term descending trend line as an early reversal signal. Price reached the $6,650 level then made a pullback to the broken resistance, which lines up with the Fibs. Technical indicators also suggest a continuation of the reversal. Bitcoin price broke above its descending trend line…

The post Bitcoin (BTC) Price Watch: Trend Line Break and Correction appeared first on NewsBTC.

As pitched, Bitcoin Cash is the new Ethereum all thanks to the Wormhole protocol which will make smart contracting and asset tokenization a possibility. Now, could this fact alone be the reason why BCH is up 10 percent in the last day? Or are BCH on a path towards recovery because of the market wide…

The post Bitcoin Cash (BCH) Technical Analysis: Wormhole Protocol and Smart Contracting BCH Bulls appeared first on NewsBTC.

For the first time in more than n days, the top 10 is green and printing double digits right at main support lines. Of course, in the last days, support lines were melting but gains at Litecoin, IOTA, Tron and EOS are steeling coin supporters. In the top 10 though, Litecoin stands out and not…

The post Litecoin, EOS, Stellar Lumens, Tron, IOTA Technical Analysis: Altcoin Adds 10%, Bottoms Hopium? appeared first on NewsBTC.