BTC Sheds Safe-Haven Shine as Israel-Iran Tensions Ease – Dip Buyers Alert at $67K
BTCUSD pared most of its gains as the escalation of tension between Israel and Iran decreased demand for safe-haven assets. It hits an intraday low of $66147 and is currently trading around $67569. Technicals CMP -$67300…
BTCUSD pared most of its gains as the escalation of tension between Israel and Iran decreased demand for safe-haven assets. It hits an intraday low of $66147 and is currently trading around $67569.
Technicals
CMP -$67300
Trend
1- Hour chart
Value
55 EMA
$67285
CMP > 55 EMA
Bullish
200- EMA
$66852
CMP >200- EMA
Bullish
365- EMA
$67457
CMP < 365 EMA
Bearish
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $72500.
Momentum indicator (4-hour chart)
Inference
Value
CCI(50)
Bearish
-28.89
ADX
Neutral
It is good to buy on dips around $67000 with SL around $64000 for a TP of $80000.
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