23-07-2017
04:43 pm
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Tag: JPY

BTC/USD and BTC/JPY Technical Analysis July 21, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 21. BTC/USD Bitcoin rallied against the US dollar, slicing through the vital $2400 level. As I predicted yesterday, the $2600 level would be targeted. That’s where we find ourselves during recording, and I believe that if the market can continue higher, the next target will be 2800. Until then, I remain very bullish of this market o...


BTC/USD and BTC/JPY Technical Analysis July 20, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 20. BTC/USD Bitcoin went back and forth during the session on Wednesday in early trading, showing that we are in fact running into a bit of trouble at the 2400 level. It’s likely that we see a short-term pullback, but I would suspect that there is massive support at not only the 2200 level, but also the 2000 level after that. Altern...


BTC/USD and BTC/JPY Technical Analysis July 19, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 19. BTC/USD Bitcoin initially fell during the session on Tuesday, but found enough support below the 2200 level to turn around and continue to go even higher. We are facing a significant amount of resistance in the form of the $2400 level though, so clearing that could open the door to the $2600 level. Because of this, if you did not ...


BTC/USD and BTC/JPY Technical Analysis July 17, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 17. BTC/USD Bitcoin fell slightly on Friday, as we are testing the 2300 level currently. As things stand right now, I believe that we are finding quite a bit of support in the neighborhood of $2200 underneath, but do not have the momentum to go higher. I believe that this market has been overbought for some time, so this gentle pullba...


BTC/USD and BTC/JPY Technical Analysis July 14, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 14. BTC/USD The Bitcoin market against the US dollar rallied slightly during the day on Thursday, but we continue to find resistance above the 2400 level. If we do continue higher, the market will go to 2600 given enough time, but currently it looks as if we are going to struggle and perhaps pull back to find support underneath, espec...


BTC/USD and BTC/JPY Technical Analysis July 13, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 13. BTC/USD Bitcoin initially fell against the US dollar, but found enough support just above the $2200 level to turn around and show signs of life again. If we can break above the $2400 level, it’s likely that we will reach towards the $2600 level. A breakdown below the $2200 level should send this market looking for the $2000 leve...


DASH/USD and LTC/USD Technical Analysis July 12, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 12. DASH/USD DASH initially fell on Tuesday, but found support just above the $150 level. This was vital, because quite frankly this was a major support level. After the significant fall that we have seen for the last several sessions, this could be a sign that buyers are finally looking in at the market and suggesting that we are not...


BTC/USD and BTC/JPY Technical Analysis July 12, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 12. BTC/USD Bitcoin fell a bit during the day on Tuesday, but found enough support above the $2200 level to turn around and show signs of life again. Because of this, it’s likely that we will continue to see buyers jump into this market, at least in the short term. Nonetheless, I think you can count on volatility. BTC/JPY ...


BTC/USD and BTC/JPY Technical Analysis July 11, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 11. BTC/USD Bitcoin fell a bit during the Monday session, in rather quiet trading. It appears that the $2400 level continues to offer support, but we are starting to form an descending triangle, which is a bearish signal. It’s likely that we may try to break down below the $2400 level, and go looking for lower levels. If that’s th...


BTC/USD and BTC/JPY Technical Analysis July 6, 2017 No Comments

Hello and welcome to News BTC’s Market Outlook July 6. BTC/USD Bitcoin fell a bit during the Wednesday session, but continues to find support near the $2500 level. It looks as if the market is going to bounce from here though, and perhaps continue to grind towards the upside. I believe that the $2800 level is a target that traders will be looking for, so short-term buy on the dips type...


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