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Bitcoin (BTC) Breakdown Below $7K Looms, Can Bulls Bounce Back?
Posted on Monday December 16, 2019

Bitcoin price is trading in a bearish zone below the $7,200 resistance against the US Dollar. The price is currently struggling to stay above the $7,000 support area. There is a connecting bearish trend...

The post Bitcoin (BTC) Breakdown Below $7K Looms, Can Bulls Bounce Back? appeared first on 12bitplay - Bitcoin Play.

Bitcoin And Crypto Market Cap Remain In Downtrend: BCH, BNB, EOS, TRX Analysis
Posted on Monday December 16, 2019

The total crypto market cap is trading well below the $192.0B and $200.0B resistance levels. Bitcoin price is struggling to stay above the main $7,000 support area. EOS price is declining and it is...

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

Ethereum by Numbers, Why ETH Prices Will Rebound in 2020
Posted on Monday December 16, 2019

Fundamentally, Ethereum has had a solid year with growth on many fronts. Unfortunately the same cannot be said for price which has now returned to crypto winter levels. All cryptocurrencies, with the possible exception...

The post Ethereum by Numbers, Why ETH Prices Will Rebound in 2020 appeared first on 12bitplay - Bitcoin Play.

Ripple (XRP) Price Down 2%, Bears Sight $0.2000 Or Even Lower
Posted on Monday December 16, 2019

Ripple price is sliding and it is under pressure below the $0.2200 resistance against the US dollar. The price is now trading below $0.2150 and it could decline further below $0.2100. There is a...

The post Ripple (XRP) Price Down 2%, Bears Sight $0.2000 Or Even Lower appeared first on 12bitplay - Bitcoin Play.

TV Personality Tells His Million Plus Followers Why He Bought Bitcoin
Posted on Monday December 16, 2019

There are many narratives for Bitcoin ownership but one constantly echoed is a hedge against failing fiat. A US consumer television personality and author recently told his burgeoning follower base on social media why...

The post TV Personality Tells His Million Plus Followers Why He Bought Bitcoin appeared first on 12bitplay - Bitcoin Play.

Ethereum (ETH) Recovery Won’t Be Easy, Downtrend Persists
Posted on Monday December 16, 2019

Ethereum is struggling to recover above the $144 and $146 resistance levels against the US Dollar. The price is facing an uphill task and it could continue to move down below $140. There is...

The post Ethereum (ETH) Recovery Won’t Be Easy, Downtrend Persists appeared first on 12bitplay - Bitcoin Play.

Despite 50% Crash, Bitcoin Still Up 96% in 2019; Can Bulls Maintain Uptrend?
Posted on Monday December 16, 2019

Bitcoin hasn’t had the best second half of 2019. In fact, since the end of June, the leading cryptocurrency has collapsed by 50%, now trading at $7,000 after establishing a year-to-date peak at $14,000....

The post Despite 50% Crash, Bitcoin Still Up 96% in 2019; Can Bulls Maintain Uptrend? appeared first on 12bitplay - Bitcoin Play.

Ethereum Could See 16% Jump as Bottom Forms, Fundamentals Strong
Posted on Sunday December 15, 2019

As Bitcoin has stalled, so too has the second-largest cryptocurrency, Ethereum (ETH). The popular altcoin has collapsed by some 50% from the year-to-date peak seen earlier this year just like Bitcoin, being crushed under...

The post Ethereum Could See 16% Jump as Bottom Forms, Fundamentals Strong appeared first on 12bitplay - Bitcoin Play.

Bitcoin Week in Review: Bears Attack Key Support, But Irresponsible Monetary Policy May Bolster Macro Outlook
Posted on Sunday December 15, 2019

As we draw near the end of 2019, the events surrounding Bitcoin on a weekly basis are growing increasingly important, as how BTC trades within the next couple of weeks could set the tone...

The post Bitcoin Week in Review: Bears Attack Key Support, But Irresponsible Monetary Policy May Bolster Macro Outlook appeared first on 12bitplay - Bitcoin Play.

Bitcoin’s “Supertrend” Flips Red as Price Fails to Surmount Low-$7,000s
Posted on Sunday December 15, 2019

According to a recent analysis done by Byzantine General, the SuperTrend indicator for the one-week Bitcoin chart has flipped red, meaning bearish, after a multi-month bullish period seen earlier this year. As the trader...

The post Bitcoin’s “Supertrend” Flips Red as Price Fails to Surmount Low-$7,000s appeared first on 12bitplay - Bitcoin Play.

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