THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook May 02
BTC/USD
Bitcoin continues to assemblage adjoin the US dollar, and we now accept burst out to a fresh, new high. The approval of the candle from the Friday affair and of advance the fresh, new aerial both are actual bullish signs and it leads me to accept that the bazaar is activity to abide to bullwork abundant higher. Pullbacks on concise archive should end up actuality affairs opportunities.
BTC/JPY
This brace would’ve been a bit of a augury for the BTC/USD pair, as we had already burst out beforehand in the day. Now we acquisition ourselves aloft the ¥153,000 level, and added than acceptable will ability appear the ¥155,000 akin almost soon. Going to shorter-term archive and attractive for pullbacks that appearance signs of abutment will be the easiest way to barter this market, and absolutely affairs cannot be done currently.
Thanks for watching and see you afresh tomorrow.