BTC/USD and BTC/JPY Technical Analysis June 28, 2017




Hello and welcome to News BTC’s Market Outlook June 28.

BTC/USD

Bitcoin fell a bit during the session on Tuesday, testing the $2380 region. We found a little bit of support though, so it looks like the market is trying to get its footing in this general vicinity. I see significant support at the $2300 level, so it is probably only a matter of time before the buyers come in and pick this market back up again.

BTC/JPY

The coin fared a little worse against the Japanese yen, not quite bouncing in the same manner. It looks as if the ¥260,000 level continues to offer significant support, to look for bounces or impulsive candle from that area to take advantage of.

Thanks for watching, we’ll see you again tomorrow.

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Disclaimer: The information contained herein is not guaranteed, does not purport to be comprehensive and is strictly for information purposes only. It should not be regarded as investment/trading advice. All the information is believed to come from reliable sources. NewsBTC does not warrant the accuracy, correctness, or completeness of information in its analysis and therefore will not be liable for any loss incurred.

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