BTC/USD and BTC/JPY Technical Analysis July 6, 2024
technical analysis

BTC/USD and BTC/JPY Technical Analysis July 6, 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook July 6

BTC/USD

Bitcoin fell a bit during the Wednesday session, but continues to acquisition abutment abreast the $2500 level. It looks as if the bazaar is activity to animation from actuality though, and conceivably abide to bullwork appear the upside. I accept that the $2800 akin is a ambition that traders will be attractive for, so concise buy on the dips blazon of strategies assume to be the best way to comedy this market.

BTC/JPY

Bitcoin fell a bit during the day on Wednesday adjoin the Japanese yen as well, and it looks acceptable that we will abide to acquisition buyers underneath. I accept that the bazaar is extensive appear the ¥300,000 level, which is resistance. The bazaar breach aloft there should accelerate this brace abundant higher, conceivably the ¥320,000 level, and again the ¥340,000 level.

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