Bitcoin Cash may be about to move lower. Raven Coin looks like it has a good bottom in place.

 

The opinions expressed here reflect the views of the author. This is not trading advice, always do your own due diligence prior to making an investment decision.

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BTC/USD sellers remains strong on $11,000 region

Bitcoin price in the session on Tuesday is trading with losses of some 3.50%. BTC/USD price action via the near-term view has formed a double bottom, protecting the $10,500 mark. Key resistance can be observed running from $11,000-11,500, via the daily. Sellers remain camped in the range of $11,000-11,500 price range, causing much difficulty. 

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LTC/USD subject to another potential wave of selling given the price formation

LTC/USD price in the second half of the session is nursing steep losses of some 3.5%. A bear market remains, as the price struggles to stabilize. 

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Will we close above 200.00 today?

As general crypto sentiment is lower today ETH/USD breaks back below 200.00. Yesterday's close above 200.00 has been negated as the price moved back below.

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European Union antitrust regulators are looking into Facebook's Libra

According to a document seen by Bloomberg, EU's antitrust regulators are looking into whether Facebook's proposed payment system will shut out others unfairly.

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Bitcoin Weekly Forecast: Safe-haven or a high-yield asset? Bitcoin qualifies for both

The cryptocurrency market has been a mixed picture this week. Bitcoin attempted to settle above $12,000 practically every single day of the week...

Read the weekly forecast

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