BTC/USD Short Term Outlook

• BTC/USD has recovered till $243 after making a low of $220. Overall trend i still bearish as long as resistance $265 holds. 
  
  
• On the downside minor support is around $235 and below will drag the pair further down till $220/ /$208.
  
  
• The pair's minor intraday resistance is around $245 and break above will extend gains to $250/$260.

Indicators (4 Hours chart)

CCI (50) - Buy

CCI (14) - Buy

Ichimoku- Neutral

Recommendation: Sell BTC/USD around $237, SL $251, Targets $220/$210.