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FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
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Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700 
BTCUSD trades flat ahead of US CPI and BOJ monetary policy. It hit a high of $88148 yesterday, and at the moment, it is around $86965.
Oscillators and moving averages to forecast the trend of BTCUSD
CMP- $86965
EMA (4-hour chart)
55-EMA- $89222
200-EMA- $92348
365-EMA- $96707. The pair trades below short and below long-term moving average.
Major Support - $85000. Any breach below $85000 will drag the pair down to $83000/$80000.
Major Resistance - $90000. Any break above $90000 confirms minor bullishness, a jump to $95415/$97400/$98500/$10000.
Indicators (4-hour chart)
CCI(50)- Bullish
ADX- Neutral
5. Investment Strategy for BTCUSD
It is good to buy on dips around $85000 with a stop loss around $80000 for target profits of $100000/$107000.
