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Bitcoin (BTC) Turns Short Term Bearish But Holding Key Support
Posted on Tuesday December 10, 2019

Bitcoin price traded to a new weekly high at $7,664 and declined recently against the US Dollar. The price is now trading below the $7,420 and $7,400 support levels. There is a key bearish...

The post Bitcoin (BTC) Turns Short Term Bearish But Holding Key Support appeared first on 12bitplay - Bitcoin Play.

Bitcoin And Crypto Market Cap Declining: BCH, BNB, EOS, TRX Analysis
Posted on Tuesday December 10, 2019

The total crypto market cap is declining and it is now well below the $200.0B resistance. Bitcoin price is down close to 2% and it is now trading below the $7,400 support. EOS price...

The post Bitcoin And Crypto Market Cap Declining: BCH, BNB, EOS, TRX Analysis appeared first on 12bitplay - Bitcoin Play.

Bitcoin Bears Back on Bakkt Launch as Markets Tumble Again
Posted on Tuesday December 10, 2019

Around $6 billion has been dumped out of crypto markets over the past few hours as the bears return again. Coincidentally it has happened again, right after Bakkt launched more institutional investment products for...

The post Bitcoin Bears Back on Bakkt Launch as Markets Tumble Again appeared first on 12bitplay - Bitcoin Play.

Ripple (XRP) Price Starts Fresh Decrease: BTC & ETH Trimming Gains
Posted on Tuesday December 10, 2019

Ripple price is currently declining from the key $0.2320 resistance area against the US dollar. The price is now trading below $0.2260 and it is showing a few bearish signs. Yesterday’s major bullish trend...

The post Ripple (XRP) Price Starts Fresh Decrease: BTC & ETH Trimming Gains appeared first on 12bitplay - Bitcoin Play.

Cryptocurrency Liquidity Issues Clear as MATIC Collapses 70% in an Hour
Posted on Tuesday December 10, 2019

The reason the majority of the cryptocurrency market has under-performed this year is lack of liquidity. Add margin trading to that and the potential of massive cascades in price arises as holders of the...

The post Cryptocurrency Liquidity Issues Clear as MATIC Collapses 70% in an Hour appeared first on 12bitplay - Bitcoin Play.

Ethereum (ETH) Stuck In Range Below Key Resistance, Bitcoin Struggling
Posted on Tuesday December 10, 2019

Ethereum is struggling to clear the key $152 resistance area against the US Dollar. The price is declining and it is now trading near the $146 support area. Yesterday’s major bullish trend line was...

The post Ethereum (ETH) Stuck In Range Below Key Resistance, Bitcoin Struggling appeared first on 12bitplay - Bitcoin Play.

If Bitcoin Price Closes Under $7,400, Strong Drop Could Follow; Here’s Why
Posted on Monday December 09, 2019

Bitcoin has finally started to show some signs of weakness after stagnating above $7,500 for days on end, recently dipping under the key support in and around $7,400. As of the time of writing...

The post If Bitcoin Price Closes Under $7,400, Strong Drop Could Follow; Here’s Why appeared first on 12bitplay - Bitcoin Play.

Bakkt Scorned as Cash-Settled Bitcoin Futures Launch in Singapore
Posted on Monday December 09, 2019

It appears that the digital currency community has very much fallen out of love with the Bakkt platform. Prior to its launch, the ICE-backed Bitcoin futures platform was heralded as one of the most...

The post Bakkt Scorned as Cash-Settled Bitcoin Futures Launch in Singapore appeared first on 12bitplay - Bitcoin Play.

Bitcoin’s Response to its 89-Day EMA May Set the Tone for How it Trends in 2020
Posted on Monday December 09, 2019

Bitcoin has once again found itself stuck within a boring period of sideways trading as it finds stability around $7,500. This sideways trading has come about concurrently with BTC hovering just above its 89-day...

The post Bitcoin’s Response to its 89-Day EMA May Set the Tone for How it Trends in 2020 appeared first on 12bitplay - Bitcoin Play.

Despite Rising Ripple Transaction Volume, Analyst Says XRP Still Incredibly Weak
Posted on Monday December 09, 2019

XRP – the digital token closely associated to FinTech company Ripple – has had a rough couple of years, plummeting from highs of over $3.00 in early-2018 and finding itself caught within a firm...

The post Despite Rising Ripple Transaction Volume, Analyst Says XRP Still Incredibly Weak appeared first on 12bitplay - Bitcoin Play.

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