BTC/USD and BTC/JPY Technical Analysis November 3 2024
technical analysis

BTC/USD and BTC/JPY Technical Analysis November 3 2024

THELOGICALINDIAN - n-a

BTC/USD

Bitcoin rallied a bit afterwards initially bottomward on Thursday, assuming signs of continuing the atomic move higher, as we accept now exited the up-trending approach and attending to be a bit overbought. I anticipate that concise pullback should abide to be affairs opportunities, as the $6800 akin should action support. I would adulation to see some blazon a pullback though, in adjustment to aces up value.

BTC/JPY

Bitcoin has additionally accomplished my ambition adjoin the Japanese yen, extensive appear the ¥820,000 level. Now that we ability this breadth and formed a massive cutting brilliant and the 4-hour chart, I anticipate that it is alone a amount of time afore a pullback. I am added than accommodating to buy that pullback back it happens. The ¥700,000 akin should be the attic in the uptrend activity forward.

Thanks for watching, I’ll be aback on Monday.