BTC/USD and BTC/JPY Technical Analysis October 2nd 2024
technical analysis

BTC/USD and BTC/JPY Technical Analysis October 2nd 2024

THELOGICALINDIAN - n-a

BTC/USD

Bitcoin assemblage during the day on Friday, extensive aloft the $4200 level. By accomplishing so, we went into the weekend assuming absolute strength. It looks now as if the buyers are advancing aback on dips, and accordingly this is a bazaar that seems to be able-bodied accurate at the $4200 level, and afresh extending bottomward to $4000.

 

BTC/JPY

Big activity additionally rallied adjoin the Japanese yen, breaking aloft the ¥468,000 level. Over the weekend, we started to ability appear the ¥475,000 level, thereby assuming that this is a “buy the dips” mentality as well. Ultimately, this bazaar should go attractive for the ¥500,000 level.

Thank you for watching, I’ll be aback tomorrow.