THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook October 6
BTC/USD
Bitcoin attempt beeline through the roof during the trading affair on Thursday, as money came aback in the crypto currencies overall. We are currently testing the $4350 level, and I do anticipate that we breach aloft there but it would not abruptness me at all to accept a concise pullback. That pullback should be a nice affairs befalling as we ability appear the highs yet again.
BTC/JPY
Bitcoin additionally rallied adjoin the Japanese yen, testing the ¥485,000 level. I anticipate we will eventually go attractive appear the ¥500,000 level, so I anticipate it’s a concise pullback that you are attractive for to alpha activity continued again. I accept no absorption in shorting the Bitcoin bazaar overall, and absolutely not adjoin the Japanese yen. I accept that affairs on dips continues to be the best way to barter this market.
Thanks for watching, I’ll be aback Monday.
