Archive | JPY

Coincheck Announces JPY Withdrawals Will Resume Next Week

This Friday the Japanese exchange Coincheck has announced the resumption of yen (JPY) withdrawals will begin next week. The news follows the trading platform halting operations on the 26th of January. That day Coincheck was hacked and lost a total of 523,000,000 XEM, but the exchange promised to pay back the 260,000 customer accounts that […]

Bitflyer Launches in Europe – Now Licensed on Three Continents

Japan’s leading cryptocurrency exchange Bitflyer has launched in Europe after obtaining a license to operate in the European Union. The exchange currently supports BTC/EUR trading, with a plan to add other cryptocurrencies later on this year. Also read: Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March Bitflyer Launches in Europe Bitflyer […]

BTC/USD and BTC/JPY Technical Analysis December 4 2017

Hello and welcome to News BTC’s Market Outlook December. BTC/USD Bitcoin rallied again during the trading session on Friday, reaching towards the $10,600 level but looks to pull back a little bit in this area. However, we have made a “higher high”, so I believe that this short-term pullback could be the next buying opportunity. Expect […]

BTC/USD and BTC/JPY Technical Analysis November 30 2017

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin rallied again against the US dollar, as we are approaching the $11,000 level. At this point, anytime you get a pullback in the market there seems to be buyers. I would anticipate that the “floor” is probably the $10,000 handle. We are most certainly entering […]

BTC/USD and BTC/JPY Technical Analysis November 29 2017

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin fell a bit after initially trying to rally on Tuesday, as we continue to meander around the $9800 level. I believe it is only a matter of time before the market tests the $10,000 level, and I suspect that almost everybody else in the market […]

BTC/USD and BTC/JPY Technical Analysis November 28 2017

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin has rallied yet again during the trading session on Monday, reaching towards the $9600 level. At this point, we are overbought by just about any metric that you would use. However, I believe that there is such a psychological necessity for the market to […]

BTC/USD and BTC/JPY Technical Analysis November 27 2017

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin rallied slightly during the Friday trading session, as we tested the $8000 level for support. By bouncing from there, it looks as if we are ready to continue to bounce around between the $8000 handle on the bottom, and the $8400 level on the […]

BTC/USD and BTC/JPY Technical Analysis November 24 2017

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin continues to wade just above the $8000 level, as we continue to see that area attract a lot of support. With the Thanksgiving holiday and the subsequent day after, most Americans won’t be bothered trading. Because of this, we could see this market grind sideways […]

BTC/USD and BTC/JPY Technical Analysis November 23 2017

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin fell slightly against the US dollar after initially trying to rally on Wednesday in what could probably be best described as listless trading. The $8000 level below should be psychologically supportive though, so I expect that this is going to continue to be a “buy […]

BTC/USD and BTC/JPY Technical Analysis November 22 2017

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin remains volatile, as we have cleared the 8200 level now. It looks as if we are going to continue to find a “buy on the dips” mentality, and therefore selling is all but impossible to do at this point, as Bitcoin seems hell-bent on going […]

BTC/USD and BTC/JPY Technical Analysis November 21 2017

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin rallied on Monday again, breaking well above the $8000 level, and came very close to touching $8200 in early trading. The market is overextended, but we have a significant amount of support extending down to the $7500 level, so it’s very likely that buyers will […]

BTC/USD and BTC/JPY Technical Analysis November 16 2017

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin exploded to the upside yet again on Wednesday, slicing through the $7000 level. However, there is a lot of noise extending to the $7600 level, and it does look like we are getting a bit overbought on the 4-hour chart. With the stochastics crossing in […]

BTC/USD and BTC/JPY Technical Analysis November 15 2017

Hello and welcome to News BTC’s Market Outlook November. BTC/USD Bitcoin has been relatively quiet during the Tuesday session, as we continue to hover just above the 6500 level. The market looks likely to find a bit of support in this area, but with the stochastic oscillator crossing at the 80 level, I am a […]

BTC/USD and BTC/JPY Technical Analysis November 13 2017

BTC/USD Bitcoin fell a bit during the trading session on Friday, breaking through the important $7000 level. However, the $6800 level previously has been supported, and it looks as if the buyers are trying to come back into the market. Because of this, I am a bit cautious, but willing to start buying Bitcoin above […]

BTC/USD and BTC/JPY Technical Analysis November 10 2017

BTC/USD Bitcoin fell slightly during the trading session on Thursday, reaching towards the $7000 level. However, this area has offered a significant amount of support, has a certain amount of psychological importance to it, and it looks as if the stochastic oscillator is ready to turn to the upside again. Because of this, I suspect […]