THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook October 18
BTC/USD
Bitcoin fell hardly during the day on Tuesday, as we abide to bullwork alongside overall. We accept abutment beneath at the $5400 level, aloof as we accept a massive bulk of attrition at the $5800 akin above. Ultimately, the bazaar should abide to acquisition dips, as we try to body up abundant drive to assemblage and ability appear the $6000 akin above. If we can breach aloft the $6000 level, the bazaar should abide to go abundant higher.
BTC/JPY
The Bitcoin bazaar went alongside initially, but has affluence of abutment underneath. The Bitcoin markets attending as if they are aggravating to assemblage significantly, but the ¥650,000 akin aloft will be massively resistive. If we can breach aloft there, the bazaar should abide to go abundant higher. In the meantime, looks as if we are artlessly aggravating to body up drive to accomplish the breach out.
Thanks for watching, I’ll be aback tomorrow.