BTC/USD and BTC/JPY Technical Analysis May 18, 2024
technical analysis

BTC/USD and BTC/JPY Technical Analysis May 18, 2024

THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook May 18

BTC/USD

Bitcoin continues to assemblage as Wednesday was actual profitable. The bazaar bankrupt aloft the $1800 level, and it now looks as if we’re activity to analysis the highs again. Because of this, concise dips abide to action affairs opportunities and what is a actual able uptrend. A breach aloft the $2024 akin about absolutely sets the date for $2024.

BTC/JPY

Bitcoin additionally rallied adjoin the Japanese yen, authoritative a fresh, new high. Because of this, looks as if the bazaar will abide to go abundant college as the alliance is over and we are now chargeless to go alike higher. Pullbacks abide to be amount that should be taken advantage of, as Bitcoin seems to be on a bit of a cycle now. The ¥210,000 akin should be admiring activity forward.

Thanks for watching and see you afresh tomorrow.