BTC/USD and BTC/JPY Technical Analysis October 24 2024
technical analysis

BTC/USD and BTC/JPY Technical Analysis October 24 2024

THELOGICALINDIAN - n-a

BTC/USD

Bitcoin fell decidedly during the affair on Monday, extensive appear the $5700 level. However, I see a cogent bulk of abutment beneath here, and I anticipate that the $5600 akin will be massively supportive, followed by the $5500 level. This is apparently beneath to do with Bitcoin and added to do with the US dollar as we accept apparent cogent bullish burden in the greenback about the apple due to the expectations of tax cuts.

BTC/JPY

Bitcoin additionally fell adjoin the Japanese yen, but I anticipate we are abutting a cogent abutment akin abreast the ¥650,000 level. Because of this, I am attractive at this pullback has a abeyant affairs opportunity, because absolutely bluntly I anticipate that the crypto bill bazaar is demography a blow afterwards the bullish run that we had apparent over the aftermost several days. This should be looked at as a abeyant affairs opportunity, and because of this I am rather bullish, yet accommodating to be patient.

Thanks for watching, I’ll be aback tomorrow.