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

newsbtc
newsbtc
1 year ago
1 min read
btcusd

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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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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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