BTC/USD
Bitcoin initially tried to rally during the day on Tuesday but struggled again as it looks likely to continue lower. We are pressing the $10,000 level, an area that of course has attracted a lot of attention. However, it’s likely that we will break down below there considering the tenacity of the selling pressure, and the lack of positive volume. Because of this, I anticipate that we are going to continue to go lower, perhaps down to the $8000 level next.
BTC/JPY
Bitcoin also fell against the Japanese yen and is now below the ¥1.2 million level. It’s likely that we are going to go testing the ¥1 million level in the short term, so I believe that based upon the price action in the most recent candles, that we are going to continue to fall from here. A breakdown below the ¥1 million level would be very negative, sending the market much lower.
Thanks for watching, I’ll be back tomorrow.
F*ck off with your fud and manipulative articles.
Shorting the market for your own gain is scum and should be punishable.
Shame on you.
why are you being so negative? shame on you…. it can be negative news for one, but positive for another that could be just your own situation and perception.. i say; buy more when it goes down.
Lezlydrops143