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

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Last Updated: June 11, 2024 1:19 pm

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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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