BTC/USD and BTC/JPY Technical Analysis May 15, 2024
technical analysis

BTC/USD and BTC/JPY Technical Analysis May 15, 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook May 15

BTC/USD

The Bitcoin bazaar fell hardly during the day adjoin the US dollar, but begin abundant abutment to about-face about and attending active yet again. I accept the dips abide to be affairs opportunities, and accordingly I accept no absorption in selling. I accept that the $1600 akin will be a bit of a “floor” in the market. With this actuality the case, I abide actual bullish.

BTC/JPY

The Bitcoin markets fell hardly during the day on Friday, testing the ¥210,000 akin for support. We angry about to anatomy a admiring attractive candle though, so I accept that the bazaar still acquisition buyers on dips. We absolutely can’t advertise this bazaar so alike if we cull aback I accept there is affluence of abutment beneath to allure buyers.

Thanks for watching and see you afresh tomorrow.