Analyst: Break Below Bitcoin’s Current Support Could Spark Drop to $6,000

2019-11-22 00:00

After a brief period of consolidation, Bitcoin has once again made another downwards movement that has led it below its previous support level at $8,000. This latest bout of downwards momentum has opened the gates for significantly further losses, assuming bulls don’t step up and propel BTC higher.

One prominent analyst is now noting that. . .

The post Analyst: Break Below Bitcoin’s Current Support Could Spark Drop to $6,000 appeared first on NewsBTC.

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Ethereum Price Prediction and Analysis For August 16th – ETH Declining, Crypto Community Expecting Growth

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The second cryptocurrency in terms of capitalization, the Ethereum, continues a declining correction. The test of the important support level of $165 is close; if it happens, the buyers will have to demonstrate a bounce in order to prevent further decline.

2019-8-17 01:27