Archive | JPY

BTC/USD and BTC/JPY Technical Analysis October 4 2017

Hello and welcome to News BTC’s Market Outlook October 4. BTC/USD Bitcoin fell a bit during the day on Tuesday, as we reached down towards the $4200 level. This is an area where I expect to see some support though, so I think it’s only a matter of time before the buyers return. Eventually, I […]

BTC/USD and BTC/JPY Technical Analysis October 3 2017

Hello and welcome to News BTC’s Market Outlook October 3. BTC/USD Bitcoin rallied a bit during the day on Monday, but ran into a little bit of trouble near the $4500 level. This is not a huge deal though, because one would expect a certain amount psychological resistance there. On a break above the $4500 […]

BTC/USD and BTC/JPY Technical Analysis October 2nd 2017

BTC/USD Bitcoin rally during the day on Friday, reaching above the $4200 level. By doing so, we went into the weekend showing real strength. It looks now as if the buyers are coming back on dips, and therefore this is a market that seems to be well supported at the $4200 level, and again extending […]

BTC/USD and BTC/JPY Technical Analysis September 28 2017

Hello and welcome to News BTC’s Market Outlook September 28. BTC/USD Bitcoin rallied again during the day on Wednesday, breaking cleanly above the $4000 level. I think that the market pulling back from here should be a buying opportunity though, and I think that a supportive candle is exactly what you’re looking for. I believe that […]

BTC/USD and BTC/JPY Technical Analysis September 27th 2017

Hello and welcome to News BTC’s Market Outlook September 27. BTC/USD Bitcoin markets initially dipped on Tuesday, but found enough support near the $3840 level to turn around and find buying pressure again. It looks as if the $4000 level will be tested, and a break above that level will be psychologically significant. Under those circumstances, […]