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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

BTC/USD and BTC/JPY Technical Analysis September 4 2017

newsbtc
newsbtc
1 year ago
1 min read
btcusd

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Hello and welcome to News BTC’s Market Outlook September 4.

BTC/USD

Bitcoin initially fell on Friday but fell to the $4680 level to find support. We did so and bounced significantly. Ultimately, I think that this market continues to be volatile, but I think that the uptrend is still very much in effect, and therefore I think that you cannot go against it. I believe that given enough time, we will reach towards the $5000 level.

BTC/JPY

Bitcoin initially fell during the session on Friday but found enough support at the ¥520,000 level to turn around and a rally significantly. I believe that a market going higher is a given, and dips continue to offer buying opportunities. With this in mind, I am a buyer.

Thank you for watching, I’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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