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Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow
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Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

BTC/USD and BTC/JPY Technical Analysis September 13 2017

newsbtc
newsbtc
1 year ago
1 min read
btcusd

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Hello and welcome to News BTC’s Market Outlook September 13.

BTC/USD

Bitcoin rallied on Tuesday, reaching towards the $4350 level. We found a bit of resistance there, but are starting to see rally of support yet again. I think given enough time, we will break above the $4400 level above, and continue to go towards the $4500 level. It looks as if we are forming a bit of a base in this area that should be bullish going forward.

BTC/JPY

Bitcoin rallied against the Japanese yen, reaching towards the ¥475,000 level, but then pulling back slightly. Nonetheless, there is plenty of bullish pressure underneath Andy’s dips continue to offer nice buying opportunities. Given enough time, this market should go looking for ¥500,000.

Thinks for watching, I’ll be back 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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