THELOGICALINDIAN - BTCUSD
Bitcoin continues to assemblage adjoin the US dollar, in a somewhat aerial appearance on Monday. The $6200 akin has offered a bit of resistance, but I do anticipate that eventually we breach out. A pullback may be necessary, but absolutely frankly, there is a able uptrend band on the 4-hour blueprint that continues to abutment the market. $6000 should be admiring as well, this is ultimately a “buy on the dips” move.
BTC/JPY
Bitcoin additionally rallied a bit adjoin the Japanese yen, as we abide to burden the ¥700,000 level. I accept in affairs dips over actuality as well, as we are acutely in a able uptrend. A breach aloft the ¥700,000 akin has this bazaar activity abundant higher, apparently ¥800,000 over the best term. It will be volatile, but afresh again Bitcoin consistently is.
Thanks for watching, I’ll be aback tomorrow.
