THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook June 14
BTC/USD
Bitcoin rallied a bit during the day on Tuesday, as we abide to see animation in the market. The bazaar has been cutting its way to the upside for some time, and it looks as if we may go attractive for the $3000 akin above. I accept the pullbacks do action value, but ultimately, we are in a massive bubble. I would admonish acute attention activity forward, but a breach aloft the $3000 akin would accelerate this bazaar abundant higher.
BTC/JPY
Bitcoin fell hardly during the day on Tuesday, but begin abundant abutment at the ¥300,000 akin to about-face things about and anatomy a bit of a hammer. This is a acceptable sign, and it suggests that the bazaar is activity to abide to go higher, extensive appear the ¥340,000 level. Pullbacks attending valuable, as it offers amount activity forward. A breach aloft the ¥350,000 akin sends this bazaar to the upside, activity abundant college over the best term.
Thank you for watching and see you afresh tomorrow.
