21-11-2017 06:50 via newsbtc.com

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

Hello and welcome to News BTC’s Market Outlook November.
BTC/USDBitcoin 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 continue to jump into the market on short-term pullbacks, as we are starting to see another impulsive leg higher.
BTC/JPYBitcoin also rallied against
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