BTC/USD and BTC/JPY Technical Analysis June 5, 2024
technical analysis

BTC/USD and BTC/JPY Technical Analysis June 5, 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook June 5

BTC/USD

The bread was a bit collapsed during the Friday affair as we are sitting at highs essentially. The 2400 akin has been the alpha of attrition extending to the $2500 akin aloft at the actual least. Pullbacks of this point should be affairs opportunities though, and the $2300 akin beneath should be the alpha of those opportunities. Longer-term, but absolutely looks as if it is accessible to go higher.

BTC/JPY

The ¥280,000 akin continues to action cogent attrition in the BTC/JPY pair, but we are in a longer-term uptrend and there is acutely a cogent bulk of affairs burden underneath. Because of this, I still accept in the uptrend and accept that a breach aloft the ¥280,000 akin is a arresting to alpha affairs again, and already we get above the ¥300,000 level, the longer-term trend will continue.

Thanks for watching and I will see you tomorrow.