Usamos cookies propias y de terceros para mejorar la navegación y mostrar publicidad personalizada según su navegación. Si continua navegando consideramos que acepta nuestra política de cookies.
Register your Blog
( What is this? )
I Home I More views Today I Crypto TV I Crypto currency I Crypto Charts I xxx I xxx I Register your Blog I
 

Bitcoin Reclaims Support Level as Analysts Eye Further Gains

-
Mons News
 
Add to Flipboard Magazine. Fuente: newsbtc - View all news from this site
Bitcoin Reclaims Support Level as Analysts Eye Further Gains Bitcoin Reclaims Support Level as Analysts Eye Further Gains

Bitcoin Reclaims Support Level as Analysts Eye Further Gains






After struggling to break above $8,000 for the past several days, Bitcoin was once again able to find some support within the upper-$7,000 region that held strong and allowed BTC to move back up above $8,000.
Analysts are now noting that the cryptocurrency may climb higher in the near-term but are also noting that a resistance level that is just a short way above BTC?s current price may halt this fleeting rally and send the crypto plunging back below $8,000.
Bitcoin Climbs Above $8,000, But Bears May Soon Return 
At the time of writing, Bitcoin is trading up roughly 1% at its current price of $8,030, which marks a slight climb from its daily lows of $7,900 that were set overnight just prior to its early-morning surge towards $8,100.
This slight surge further confirms the long-established notion that the upper-$7,000 region is a strong region of support, as BTC as consistently found notable buying pressure in this region.
It is important to note that the lack of follow through from buyers who have been holding the support level at $7,800 may point to an underlying weakness for the cryptocurrency.
Big Chonis, a popular cryptocurrency analyst on Twitter, noted in a recent tweet that he believes Bitcoin will climb slightly further in the near term before it reaches a point of resistance that sends it reeling lower in the near-term.
?$BTC – Happy Saturday? a little more up before a bit more down,? he explained while pointing to the below chart.

$BTC – Happy Saturday… … a little more up before a bit more down… #bitcoin pic.twitter.com/JKe3VqfLjK
— Big ChonisFlux Trading Group (@BigChonis) October 19, 2019

BTC May Be Caught in Possible Ascending Triangle
The Cryptomist, another popular cryptocurrency analyst on Twitter, explained in a recent tweet that she believes Bitcoin could be caught in an ascending triangle on a higher time frame, which could prove to be a bullish sign for its mid-term price action.
?$Btc 2hr time frame: Sym triangle on RSI – Present on multiple time frames. Possible ascending triangle on 2hr here. We could see a breakout within 9hrs towards 8.1k…the falling wedge resistance, where things could get even more interesting for bulls,? she explained.

$Btc
2hr time frame
Sym triangle on RSI – Present on multiple time frames
Possible ascending triangle on 2hr here
We could see a breakout within 9hrs towards 8.1k ..the falling wedge resistance, where things could get even more interesting for bulls pic.twitter.com/TiftKDJMqb
— The Cryptomist (@TheCryptomist) October 19, 2019

The coming few hours and days could further elucidate Bitcoin?s mid-term trend, as its long period of consolidation around $8,000 may soon come to an end.
Featured image from Shutterstock.
The post Bitcoin Reclaims Support Level as Analysts Eye Further Gains appeared first on NewsBTC.

...
article seen
0
times, this week
Bitcoin Reclaims Support Level as Analysts Eye Further Gains Bitcoin Reclaims Support Level as Analysts Eye Further Gains
facebook:
twitter: https://twitter.com/thermomix_club

Fuente de la noticia: newsbtc
Fecha de publicación: 19-10-2019 21:16
visto: 0

Si te gusto esta noticia puede que te interesen estas..

------------------------------------------------------------------------------------------------------------
Recommended Video section of our Bitcoin, Ethereum, NEO, Litecoin, Blockchain News videos - Watch More Videos in Bitcoin, Ethereum, NEO, Litecoin, Blockchain News videos

Go TO TV Bitcoin, Ethereum, NEO, Litecoin, Blockchain News videos

Si te gusto esta noticia puede que te interesen estas..


BitGo Says It’s Now Processing 20% of Bitcoin Transact



The crypto custodian facilitates a sizable share of on-chain transactions, a sign of consolidation, and power, in the crypto space. ...
12-11-2019 21:17

China Central Bank Official: Digital Yuan Should Have ?Contr



China?s proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said. ...
12-11-2019 21:17

Tunisia’s Central Bank Denies Reports Claiming It Issu



In a sweeping rejection, the central bank quashed "unfounded" rumors that it had become the first monetary authority to issue a CBDC. ...
12-11-2019 21:17

CME Says It Will Launch Bitcoin Options in January



Chicago exchange CME Group has announced it will launch options on its bitcoin futures contracts in mid-January. ...
12-11-2019 21:17

Binance Exchange Is First Client for Paxos’ New Dollar



The regulated firm is opening up its stablecoin-to-USD swaps facility to third parties, starting with Binance. ...
12-11-2019 21:17

Chainalysis’ ‘Kryptos’ Tool Is an Inside L



Kryptos is the firm?s first product for institutions, joining KYT, an anti money laundering tool, and Reactor, which traces criminal money flow. ...
12-11-2019 21:17

Huobi?s ‘Regulator-Friendly’ Blockchain Goes Ope



Huobi Chain, the regulator-facing public blockchain of exchange Huobi Group, is now open source and available to all developers on GitHub. ...
12-11-2019 21:17

With Code of Conduct, Trade Group ADAM Seeks Legitimacy for



One year after its formation, the Association of Digital Asset Markets (ADAM) has drafted a code of conduct for its now 15 members. ...
12-11-2019 21:17

Web3 Studying How to Integrate Kadena’s Smart Contract



The Web3 Foundation is studying how to adopt blockchain startup Kadena?s smart contract programming language for the Polkadot ecosystem. ...
12-11-2019 21:17

AlphaPoint’s White Label Tech Now Lets Crypto Exchange



The software provider is adding support for margin trading, with a raft of trading options and controls for crypto brokerages and exchanges. ...
12-11-2019 21:17

Investment App Abra Expands US Offerings With 60 New Cryptos



Mobile crypto wallet and investment app Abra is adding a host of new coins and doubling its U.S. bank deposit limits for U.S. customers. ...
12-11-2019 21:17

Alibaba?s Ant Financial Starts Pre-Launch Testing of Busines



The fintech arm of Chinese tech giant Alibaba Group said it expects the blockchain to go live in around three months. ...
12-11-2019 21:17

HTC Will Support Binance Chain With Special Edition Smartpho



HTC\'s special edition EXODUS blockchain smartphone will allow users to directly access Binance\'s decentralized exchange and token. ...
12-11-2019 21:17

Former Cumberland and Circle Traders Pool Money for Crypto P



Bobby Cho, former trading head at Cumberland, has formed a crypto prop-trading firm with former two Circle execs. ...
12-11-2019 21:17

UPS Ships Beef to Japan, Tracked and Monitored Using Blockch



The shipping giant says it has tracked and delivered a full shipment of beef from Kansas to a Tokyo steakhouse with help from blockchain firm HerdX. ...
12-11-2019 21:17

French Central Bank Job Posting Reveals Digital Currency Pro



Banque de France is seeking a blockchain analyst who will help the bank define a program for implementing digital currency. ...
12-11-2019 21:17

BnkToTheFuture CEO: 50 Percent of Funding Will Be Through Se



BnkToTheFuture invested in a SEC-registered broker dealer to enable U.S. investors participate in security token offerings. ...
12-11-2019 21:17

What Is VeChain (VET) and Why Did it Pump 65% This Month&quo



VeChain has gained more than 100% over the past two weeks, leading analyst @CryptoMichNL to believe that the positive momentum in altcoins could kick ...
12-11-2019 21:17

John McAfee: Authorities Should Not Expect Crypto Firms to S



John McAfee has argued that authorities should not require crypto companies and exchanges to help them control digital currency?s use in illicit activ ...
12-11-2019 21:17

CME Group Announces Launch Date of Options on Bitcoin Future



CME Group has revealed the launch date for its options on BTC futures and provided contracts specifications ...
12-11-2019 21:17

Ho Chi Minh City to Develop Blockchain Regulations for Smart



Ho Chi Minh City will develop a regulatory and policy framework for blockchain tech and how it is applied to smart cities ...
12-11-2019 21:17

Regulated Swiss Crypto Bank SEBA Opens Doors



Regulated Swiss cryptocurrency bank SEBA has opened, offering card, e-banking, custodial services and loans for professional investors and enterprise ...
12-11-2019 21:17

Unilever, O2 and Sky Join Blockchain Pilot for Digital Ad Tr



Unilever, O2 and Sky and several popular U.K. platforms have all signed on to a blockchain pilot aiming to improve digital ad transparency ...
12-11-2019 21:17

Australian Man Arrested for Unregistered Crypto Transactions



Australian police arrested a man operating a cryptocurrency ATM that allegedly facilitated ?unregistered cryptocurrency transactions? ...
12-11-2019 21:17

Wyoming Unveils First-Ever Crypto Custody Rules for ?Blockch



The U.S. state of Wyoming releases new opt-in enhanced regulatory requirements for crypto custodians, covering forks, airdrops, staking and more ...
12-11-2019 21:17

The Importance of Supporting a Robust Developer Ecosystem



How blockchain development communities cultivate the healthy growth of an open-source software platform. View from inside ...
12-11-2019 21:17

Ex-Fed Chair Greenspan: ?No Point? in Central Bank Digital C



Former Fed chair Alan Greenspan has argued there?s ?no point? for central banks to issue central bank digital currencies ...
12-11-2019 21:17

CoinMarketCap Now Provides Crypto Investors With Data on Liq



CoinMarketCap launches reporting on crypto liquidity data, aiming to escape wash trading in volume reporting ...
12-11-2019 21:17

Netherlands: Police Arrest Founder of Blockchain Startup Tha



The police seized the founder of blockchain game development startup Komodore64, which was allegedly a fraudulent scheme ...
12-11-2019 21:17

Price Analysis 11/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV



A few altcoins are showing buying interest on dips but generally the price action is getting more selective ...
12-11-2019 21:17

Stock Market Bubble to Grow Bigger as S&P 500 Targets 3



Analysts have been sounding the alarm on the U.S. stock market for several years now, but that hasn’t stopped the major indexes from setting new rec ...
12-11-2019 21:17

Is Baltimore Ravens Quarterback Lamar Jackson the Next Big D



Baltimore Ravens quarterback Lamar Jackson has gone from being a guy doubted by many to one being touted as a potential MVP candidate. As the QB of th ...
12-11-2019 21:17

DOOM Guru John Romero Completely Misunderstands the FPS Genr



John Romero is the architect of DOOM, one of the earliest first-person shooters. He’s not a fan of modern FPS games. There may be another reason he ...
12-11-2019 21:17

CoinMarketCap Targets Crypto Market Without Manipulation



CoinMarketCap launched a new tool to combat fake trading volumes. The firm aims to bring more clarity into the space, which has been tainted by manipu ...
12-11-2019 21:17

Disney Plus Users Revolt but Investors Completely Ignore Str



Disney launched its much-hyped Disney+ streaming service today, but there was a technical glitch. Investors were able to overlook the setback, sending ...
12-11-2019 21:17

NEO Spikes 100% Thanks to China’s Surprising Blockchai



NEO has surged 100% over the past few weeks. The bullish sentiment behind this cryptocurrency rally seems to be related to China’s decision to embra ...
12-11-2019 21:17

Is Eagles Guard Brandon Brooks Worth His New $54.2 Million E



The Philadelphia Eagles may be struggling this season, but they’ve locked up one vital piece of the puzzle ? Brandon Brooks. The Eagles decided to e ...
12-11-2019 21:17

Central Bankers Won’t Listen to Senior Alan Greenspan&



Those who have followed Alan Greenspan’s career know how his tenure as a Federal Reserve chairman propelled the U.S. economy to the brink of disaste ...
12-11-2019 21:17

Disney+ Launch Sinks 15 Million Nails into Cable TV’s



Paid TV is trapped in a massive decline, and has been for years. The launch of Disney+ is likely to accelerate the demise of cable TV companies. The e ...
12-11-2019 21:17

Sonic the Hedgehog’s Fantastic Redesign Fails to Solve



Sonic the Hedgehog looks so much better after the redesign. But while the movie might not suck, that doesn’t mean it should win any awards. Jim Carr ...
12-11-2019 21:17

 

 
Crypto currency
Crypto Charts
 


 
 

Would you like your blog and posts leave here?


 
         

Categories


News most viewed Today

ETH/BTC Ready To Print New High, Veteran Trader Says

ETH/BTC Ready To Print New High, Veteran Trad...

Ethereum blockchain’s native asset, ETH, is about to establish fresh highs against rival Bitcoin, believes avid crypto trader, Elixium. ETH Breaks Away From BTC The popular cryptocurrency analyst said in a tweet today that the ETH/BTC... -
Web3 Studying How to Integrate Kadena’s Smart Contract Language on Polkadot

Web3 Studying How to Integrate Kadena’s...

The Web3 Foundation is studying how to adopt blockchain startup Kadena?s smart contract programming language for the Polkadot ecosystem. -
Tunisia’s Central Bank Denies Reports Claiming It Issued an E-Dinar

Tunisia’s Central Bank Denies Reports C...

In a sweeping rejection, the central bank quashed "unfounded" rumors that it had become the first monetary authority to issue a CBDC. -
Evercoin Launches Bitcoin and Cryptocurrency Hardware Wallet

Evercoin Launches Bitcoin and Cryptocurrency ...

New York, NY, 12 November 2019 – At New York Consensus Invest Summit, Evercoin Inc. today announced Evercoin 2, the “safest hardware wallet”. Evercoin 2 provides a wallet and exchange for bitcoin and other cryptocurrencies featuring a hardware... -
Netherlands: Police Arrest Founder of Blockchain Startup That Raised Over $80M

Netherlands: Police Arrest Founder of Blockch...

The police seized the founder of blockchain game development startup Komodore64, which was allegedly a fraudulent scheme -
Wyoming Unveils First-Ever Crypto Custody Rules for ?Blockchain Banks?

Wyoming Unveils First-Ever Crypto Custody Rul...

The U.S. state of Wyoming releases new opt-in enhanced regulatory requirements for crypto custodians, covering forks, airdrops, staking and more -
Road To Riches: The Ups and Downs Of Going All-In On Crypto

Road To Riches: The Ups and Downs Of Going Al...

The promise of a disruptive, emerging technology that could entirely replace money as we know it, caused a digital age gold rush of investors hoping to strike it rich by buying crypto assets. One shining example of this was an investor who went on... -
Regulated Swiss Crypto Bank SEBA Opens Doors

Regulated Swiss Crypto Bank SEBA Opens Doors

Regulated Swiss cryptocurrency bank SEBA has opened, offering card, e-banking, custodial services and loans for professional investors and enterprise clients -
NEO Spikes 100% Thanks to China’s Surprising Blockchain Pivot

NEO Spikes 100% Thanks to China’s Surpr...

NEO has surged 100% over the past few weeks. The bullish sentiment behind this cryptocurrency rally seems to be related to China’s decision to embrace blockchain technology. One trader says NEO may have a bright forecast. NEO, one of China’s... -
Has Vikings QB Kirk Cousins Finally Turned the Corner"

Has Vikings QB Kirk Cousins Finally Turned th...

Kirk Cousins has developed a reputation over the years that no quarterback wants–he can’t beat good teams, and he can’t win in primetime. But Sunday night, he did just that with a 28-24 win over the Dallas Cowboys. While it wasn’t a big... -

More Blogs


 
- English ------------------------------
Interior Design & Decoration    
decoclub.net facebook twitter
decorationandstyle.com facebook twitter
decobuzz.net facebook twitter
Food & Recipes
elclubderecetas.com facebook twitter
yoursecretrecipes.com facebook twitter
cryptomoneymagazine.com facebook twitter
thevegetarianrecipesclub facebook twitter
Motor
motorwebs.net facebook twitter
motorchannel.net facebook twitter
Luxury
Luxuryblogs.info facebook twitter
 
 


---------------------------------------
beauty & Cosmetics    
cosmetiks.net facebook twitter
thebeautytrends.net facebook twitter
thebeautytv.com facebook twitter
beautyandcosmetics.net facebook twitter
Healt&Fitness
healthfitnesstrends.net facebook twitter
Weddings
weddingsclub.org facebook twitter
Moms & Babies
themomsmeeting.com facebook twitter
buzznewbaby.com facebook twitter
Iphone & Android
hablandodemac.net twitter
 
 
-----------------------------------------
Fashion & Style    
fashionblogsclub.com facebook twitter
Travel
yoursecrettravel.com facebook twitter
secretsofjapan.net facebook twitter
Fragrance
thefragrance.info facebook twitter
Architecture
thearchitectureclub.com facebook twitter
thearchitectureinsight.com facebook twitter
 
 
 
 
 
 
--- Español ---------------------------------
Fashion & Blogs    
Blogueras.net facebook twitter
Recetas
elclubderecetas.com facebook twitter
cryptomoneymagazine.com facebook twitter
thevegetarianrecipesclub.com facebook  
Decoracion
decoclub.net facebook twitter
decobuzz.net facebook twitter
Bodas
hablandodebodas.com twitter
Belleza
cosmetiks.net facebook twitter
elperfume.info facebook twitter
 
 

 

--------------------------------------
Motor    
motorwebs.net facebook twitter
videosdemotor.net facebook twitter
Salud
hablandodesalud.net facebook twitter
info-salud.net facebook twitter
Viajes
hablandodeviajes.com facebook twitter
secretsofjapan.net facebook twitter
TV-cine
adictoalatv.com twitter
videosdecine.info
Corazon
famoseo.org twitter
----------------------------------
Libros    
librorama.net twitter
Madres    
elclubdelasmadres.com facebook twitter
Mac Android    
hablandodemac.net facebook twitter
Lujo    
Luxuryblogs.info facebook  
clubblogueras@gmail.com