BTC/USD and BTC/JPY Technical Analysis May 29, 2017

in bitcoin •  8 years ago 

Bitcoin rallied against the US dollar again during Friday trading, as we continue to reach towards the $2700 level again. Short-term pullbacks continue to be buying opportunities as we have seen a massive amount of bullish pressure. Ultimately, this market is a bit overbought so expect at the very least consolidation, if not a pullback that you can take advantage of from a value perspective. Selling is all but impossible.

Read more here: http://www.newsbtc.com/2017/05/29/btcusd-btcjpy-technical-analysis-may-29-2017/

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Get ready for the crash