THELOGICALINDIAN - n-a
BTC/USD
Bitcoin fell a bit during the trading affair on Friday, breaking through the important $7000 level. However, the $6800 akin ahead has been supported, and it looks as if the buyers are aggravating to appear aback into the market. Because of this, I am a bit cautious, but accommodating to alpha affairs Bitcoin aloft the $7000 akin afresh as it would appearance a about-face about and resumption of the bullish burden that we accept seen. It should additionally be acclaimed that the Bollinger bands are signaling a hardly oversold situation, appropriate forth with the academic oscillator accomplishing the same.
BTC/JPY
Bitcoin additionally fell adjoin the Japanese yen slicing through the ¥800,000 level. I see a cogent bulk of abutment beneath at the ¥720,000 level, so it’s alone a amount of time afore the buyers acknowledgment from what I see. However, I currently accept that we will apparently get an befalling adjoin the dollar quicker than the yen.
Thanks for watching, I’ll see you tomorrow.
