Bitcoin And Crypto Market Cap Turn Red: BCH, Litecoin, XTZ, TRX Analysis

The total crypto market cap is declining and struggling to stay above the $188.0B support. Bitcoin price is down more than 2% and it broke the $7,320 support area. Litecoin (LTC) price is sliding and it may soon test the $42.20 level. BCH price is struggling and it seems like it could break the $200 support area. Tron (TRX) price is currently consolidating near the main $0.0140 support area. Tezos (XTZ) it outperforming and it is now trading nicely above $1.500. The crypto market cap and bitcoin (BTC) are declining…

Dow Flatlines as Larry Kudlow Keeps Stock Market in the Dark on Tariffs

The Dow is tracking sideways as Trump’s scheduled tariffs threaten to derail the stock market. Larry Kudlow opted to walk back talk of a delay on Tuesday, reigniting fears of a trade war escalation. Apple (AAPL) stock’s moderate rally helped to cushion the Dow Jones as Boeing  (BA) slid for the second straight day. The Dow Jones was trapped in a sideways trajectory Tuesday as the fog of the US-China trade war hung heavy over markets. With the jobs report out of the way and the Federal Reserve expected to…

Bitcoin And Crypto Market Cap Declining: BCH, BNB, EOS, TRX Analysis

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 is approaching the $2.600 support area and it could bounce back. Binance Coin (BNB) is currently down around 3% and it is struggling to stay above $15.00. BCH price is slowly moving down towards the main $205 and $200 support levels. Tron (TRX) price is declining towards the main $0.0140 support area. The crypto market cap…

Bitcoin And Crypto Market Rising: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap is slowly rising and it is currently near the $200.0B resistance. Bitcoin price is up close to 2% and it is now trading above the $7,500 resistance. Litecoin (LTC) price is now trading above $45.00, but it is still facing a lot of hurdles. Bitcoin cash price is climbing higher towards the key $220 and $225 resistance levels. EOS price is trading above the $2.700 resistance and it could climb above $2.850. Stellar (XLM) price is slowly rising towards the $0.0585 resistance level. Bitcoin (BTC)…

41% Billionaire Investors Wrongly Predicted 2019 Stock Market. Here’s Their 2020 Call

41% of the world’s biggest investment funds predicted a stock market downturn in 2019. They were dead wrong. The Dow Jones is up 18% year-to-date and hovering just below all-time highs. The bearish sentiment is even higher going into 2020 with 48% now predicting a downturn. Even the experts get it wrong. A whopping 41% of the world’s biggest investment firms predicted a stock market downturn going into 2019. Instead, they were blindsided by one of the most sizzling stock market runs in history. The Dow Jones is up 18%…

Bullish Stock Market Rally Shines but Gloomy Gold is Slumping

The gold price dropped by 1.75% in the past three days despite bullish short-term forecasts. The safe-haven asset’s fall amidst intensifying geopolitical risks portray the strength of the current stock market rally. Up until December 4, the gold price was seemingly ready to break out above a key resistance level at $1,484. It was rejected again at a lower time frame resistance level, leaving it vulnerable for a pullback. Big downswings in stock market should benefit gold, but it’s not Throughout this week, the U.S. stock market has demonstrated extreme…

Bitcoin & Crypto Market Approaching Crucial Break: LTC, BNB, BCH, TRX Analysis

The total crypto market cap is forming a major breakout pattern with resistance near $195.0B. Bitcoin price is slowly rising and it seems like it could climb above the $7,400 resistance. Binance coin (BNB) price is holding the $15.00 support and it is correcting higher. Litecoin (LTC) price is attempting a break above the $45.50 resistance area. BCH price is slowly recovering and it could revisit the $220 resistance area. Tron (TRX) price is now trading well below the $0.0150 resistance level. Bitcoin (BTC) and the crypto market cap are…

Crypto Market Flips Green — But Is Bitcoin Ready to Retest $8,000?

On Dec. 4, Bitcoin (BTC) unexpectedly rallied hard from $7,080 and over the next 5 hours the digital asset had moved 9.92% to trade for $7,788. The strong surge briefly broke the pattern of lower highs lower lows. But by the end of the day, the price had retraced back to $7,100.  Crypto market weekly performance. Source: Coin360 Bitcoin price slowed down as it met resistance at $7,800 and was unable to set a higher high above $8,000. Traders will note the high volume nodes of the volume profile visible…

EU Won’t Let Stablecoins Enter Market Until Risks Are Addressed

No global stablecoin project will begin operation in the European Union (EU) until the associated risks to monetary sovereignty are addressed, according to EU authorities. In a joint statement adopted by the Council of the European Union and the European Commission (EC), the Council and the Commission admitted that stablecoins may be effective at providing cheap and fast payments, but they have far more risks and challenges. The statement was approved by the Economic and Financial Affairs Council (ECOFIN), one of the oldest configurations of the Council, on Dec. 5,…

Bitcoin & Crypto Market Turn Red Again: BCH, XLM, EOS, TRX Analysis

The total crypto market cap jumped from $188.0B, but it failed to stay above $200.0B. Bitcoin price rally above the $7,500 level was completely reversed. BCH price is somehow holding the key $205 and $200 support levels. EOS price is facing a strong resistance near the $2.700 area. Stellar (XLM) price could continue to move down towards the main $0.0500 support area. Tron (TRX) price is down 2% and it is approaching the $0.0140 support area. Bitcoin (BTC) and the crypto market cap are resuming their downtrend. Ethereum (ETH), BCH,…