THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook October 11
BTC/USD
Bitcoin rallied a bit during the day on Tuesday, as we went extensive appear the 4900 level. By accomplishing so, it looks as if the bazaar is activity to abide to try and ability the $5000 handle. At this point, it looks like concise pullbacks are nice affairs opportunities aloof cat-and-mouse to happen.
BTC/JPY
Bitcoin rallied adjoin the Japanese yen as well, extensive the ¥540,000 level. The bazaar looks set to abide to go higher, but a pullback in the abbreviate appellation could be possible. I doubtable there is a bit of a “floor” at the ¥500,000 akin now.
Thanks for watching, I’ll be aback tomorrow.
