BTCUSD pair is currently stuck in what seems to be bullish pennant.
In a longer run we are looking at continuation of uptrend
Strong support at $12670 area and resistance at $16630 area
USD/JPY pair slowed down dropping at major support line.
It is expected to retrace up to test resistance at 113.25 area before dropping down again.
This would draw a head-and-shoulders formation.
BTCUSD is currently at it's all time high.
We may be looking at correction down to $5900 area within next days.
We do expect BTC to continue moving in uptrend tunnel after the correction
until Segwit2x .
This is an update on current #BTCUSD situation.
It seems like bullish trend may take us to around $4100 following three hills pattern.
Important resistance at around $4020 still to be tested so watch out for that
and keep eye on any fundamentals coming.
Support at around $3813