BTC/USD chart - Trading View
Exchange - Coinbase
Support: 8311 (200-DMA); Resistance: 8995 (21H-EMA)
Technical Analysis: Bias Bearish
Bitcoin plunged overnight amid massive liquidation of long positions on BitMex.
BTC/USD crashed below 200-DMA to hit 8159, lowest since 14th June, pared some losses to close at 8530 (Coinbase).
The pair is attempting a tepid bounce on the day, but upside seems to lack traction. Technical studies suggest further drag in the pair.
'Symmetric Triangle' breach further adds to the bearish pressure. Momentum strongly bearish.
Price action now looks to support at 200-DMA (8311). Break below will see dip till 7745 (55W EMA).


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro- Major Pair levels and bias summary
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: USD/CNY gains some ground but bearish outlook persists
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
Ethereum Reclaims $2,000 Handle: ETHUSD Stabilizes as Bulls Eye a Recovery 



