Tag: JPY

btcusd

BTC/USD and BTC/JPY Technical Analysis September 20 2017 No Comments

Hello and welcome to News BTC’s Market Outlook September 20. BTC/USD Bitcoin dipped at the beginning of the session on Tuesday, but seems to be finding support near the $3900 level. As I write this, consolidation between the $3900 and $4100 level looks likely, with a break above the $4100 level being the sign that buyers will need to see to feel comfortable about going “all in” in...


btcusd

BTC/USD and BTC/JPY Technical Analysis September 19 2017 No Comments

Hello and welcome to News BTC’s Market Outlook September 19. BTC/USD Bitcoin rallied during the Monday session, as we are retaking the 4000 handle. It looks likely that buyers will continue to be attracted to this market, after a massive selloff. However, there are still concerns coming out of China as it appears government officials are looking to block Bitcoin altogether. With this,...


btcusd

BTC/USD and BTC/JPY Technical Analysis September 18 2017 No Comments

Hello and welcome to News BTC’s Market Outlook September 18. BTC/USD Bitcoin had a volatile session on Friday, initially rallying, but then fell towards the $3000 level. This major area has offered support, as it is a large, round, psychologically significant number, and is also the 50% Fibonacci retracement level from the longer dated move. That being the case, looks as if the buye...


ethusd

ETH/USD and ETH/BTC Technical Analysis September 15 2017 No Comments

Hello and welcome to News BTC’s Market Outlook September 15. ETH/USD The Ethereum market fell significantly on Thursday, reaching towards the $230 level as the Chinese are cracking down on crypto currency exchanges. This of course has sent a shudder of fear through the marketplace, and through all crypto currencies. Ethereum seems to be finding a little bit of support at $230 level,...


btcusd

BTC/USD and BTC/JPY Technical Analysis September 15 2017 No Comments

Hello and welcome to News BTC’s Market Outlook September 15. BTC/USD Bitcoin fell a bit during the day yet again on Thursday, as fears of a Chinese crackdown on crypto currencies continue. The $3800 level above should offer resistance, as we have seen significant support there previously. If we rally at this point, some type of exhaustive candle should be and I selling opportunity. ...


btcusd

BTC/USD and BTC/JPY Technical Analysis September 14 2017 No Comments

Hello and welcome to News BTC’s Market Outlook September 14. BTC/USD Bitcoin fell against the US dollar as we are now below the $4000 level. With the Chinese cracking down on crypto currencies, it seems as if there is a bit of fear entering the marketplace. Because of this, the printing trader will probably step to the sidelines and wait for at least some stability, if not bullish p...


btcusd

BTC/USD and BTC/JPY Technical Analysis September 13 2017 No Comments

Hello and welcome to News BTC’s Market Outlook September 13. BTC/USD Bitcoin rallied on Tuesday, reaching towards the $4350 level. We found a bit of resistance there, but are starting to see rally of support yet again. I think given enough time, we will break above the $4400 level above, and continue to go towards the $4500 level. It looks as if we are forming a bit of a base in thi...


btcusd

BTC/USD and BTC/JPY Technical Analysis September 11 2017 No Comments

Hello and welcome to News BTC’s Market Outlook September 11. BTC/USD Bitcoin did very little on Friday, as the market looks to consolidate overall. We have seen a recent move higher after a significant selloff, so this makes quite a bit of sense. The proclivity of the market currently is still to the upside, so I like buying on dips, and of course a break above the $4700 level. St...


btcusd

BTC/USD and BTC/JPY Technical Analysis September 8 2017 No Comments

Hello and welcome to News BTC’s Market Outlook September 8. BTC/USD Bitcoin fell initially on Thursday, but found support at the $4500 level. By doing so, it looks as if we are trying to break out to the upside yet again, with $4700 B in a slight barrier. Once we break above there, the market should go looking for the $5000 handle above. BTC/JPY Bitcoin found the ¥500,000...


btcusd

BTC/USD and BTC/JPY Technical Analysis September 7 2017 No Comments

Hello and welcome to News BTC’s Market Outlook September 7. BTC/USD Bitcoin initially fell against the US dollar on Wednesday, but found support near the $4350 level. By doing so, we bounced towards the $4600 level, and a clearance above there should send this market higher again. I don’t have any interest in shorting, at least not anytime soon, as it appears that the buyers hav...


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