Home Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin – American Wrap – 16 December
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Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin – American Wrap – 16 December

BTC/USD drops heavily by some 4% as $7000 firmly loses ground

Bitcoin price has come under heavy selling pressure in the latter stages of trading on Monday.

The bears attacked the psychological $7000 price mark, which gave way, likely triggering some stops to the downside.  

Ethereum technical analysis: ETH/USD bearish flag structure breakout allows sellers to capitalize

Ethereum price is trading in the red, down 0.15% the session on Monday.  

ETH/USD has fallen over $50 within the last six weeks of trading.  

The price runs the risk of the psychological $100 mark being tested to the downside.  

Litecoin Price Analysis: New wave low has been formed

Litecoin  has made a new low on the  chart  below.

The price has not been this low since the first week of February   2018.  

On the weekly chart, the next support is  39.13 beyond that there is some at 36.11 and 34.38.

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