BTC/USD and BTC/JPY Technical Analysis June 29, 2024
technical analysis

BTC/USD and BTC/JPY Technical Analysis June 29, 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook June 29

BTC/USD

Bitcoin fell adjoin the US dollar initially during the Wednesday affair but continues to acquisition a little bit of abutment aloof underneath. Because of this, looks like we are accepting accessible to alpha cutting higher, and I anticipate that will be the key chat here: grinding. I am a client of dips, no absorption in affairs and I accept that a breach aloft the $2600 akin is the abutting assurance of backbone that could actuate this bazaar appear the $2800 level.

BTC/JPY

Bitcoin fell a bit adjoin the Japanese yen as well, but continues to acquisition buyers aloof beneath the ¥280,000 level. Because of this, I accept it’s alone a amount of time afore we go higher, so accordingly affairs on the dips may be advisable at this juncture. As continued as we can break aloft the ¥260,000 level, I anticipate that this bazaar continues to acquisition strength.

Thanks for watching, we’ll see you afresh tomorrow.