Never miss a story from Nick Cawley

Subscribe to receive daily updates on publications
Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please select a country

I’d like to receive information from DailyFX and IG about trading opportunities and their products and services via email.

Please fill out this field.

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

You are subscribed to Nick Cawley

You can manage your subscriptions by following the link in the footer of each email you will receive

An error occurred submitting your form.
Please try again later.

Bitcoin, Ethereum, Litecoin: Prices, Charts and Analysis

  • Quiet markets and tight trading ranges.
  • Breaks, either way, are looking likely.

Bitcoin (BTC) Price Stuck Below Trend

The largest cryptocurrency by market capitalization, and de-facto crypto benchmark, Bitcoin remains stuck under a multi-month downtrend and above a noted zone of support. With trading ranges tight and trend lines meeting, the possibility for a sharp break-out is increasing by the day. While lower prices are more likely, a sharp break to the upside in the next few days cannot be discounted and traders should position stops accordingly.

Bitcoin Cash has broken above trend, just, while Ethereum and Litecoin chartsremain negative in the short-term. Ripple’s recent spike higher leaves the chart outlook mixed.

Bitcoin (BTC) Daily Price Chart (February – October 3, 2018)

Bitcoin, Ethereum, Litecoin: Tight Ranges May Spark Volatility | Webinar

We look at Bitcoin, and other cryptocurrencies, at our Weekly Cryptocurrency Webinar every Wednesday.

Cryptocurrency Trader Resources – Free Practice Trading Accounts, Guides, Sentiment Indicators and Webinars

If you are interested in trading Bitcoin, Bitcoin Cash, Ethereum, Litecoin or Ripple we can help you begin your journey. We have an Introduction to Bitcoin Trading Guide along with a Free Demo Account so you can practice trading this volatile asset class.

IG Sentiment Data show how retail are positioned in various cryptocurrencies and how changes in holdings can affect market sentiment.

What’s your opinion on the market? Share your thoughts and ideas with us using the comments section at the end of the article or you can contact me on Twitter @nickcawley1 or via email at nicholas.cawley@ig.com.

--- Written by Nick Cawley, Analyst.