BTC/USD and BTC/JPY Technical Analysis May 26, 2017

Bitcoin continues to march higher against the US dollar, as we have now broken the $2700 level. This market is the very definition of a parabolic market though, so buying up at this high level is going to be extraordinarily dangerous. If you are not long of Bitcoin already, you simply must wait for a pullback to pick up the value necessary to get involved. When we pull back, it could be very sudden, and very brutal.

Read more here: http://www.newsbtc.com/2017/05/26/btcusd-btcjpy-technical-analysis-may-26-2017/