09-11-2017 06:48 via newsbtc.com

BTC/USD and BTC/JPY Technical Analysis November 9 2017

BTC/USDBitcoin rallied a bit during the day on Wednesday, using the $7000 level as support, bouncing towards the $7500 level. We are currently on path to make a fresh, new high, and every time that happens, it’s an obvious buy signal. I also believe that pullbacks will continue to be attractive, and that $7000 should now offer a bit of a new floor for the market.
BTC/JPYBitcoin also fell against the Japanese yen of the last couple of sessions, but has found the ¥800,000 level to be su
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