Thursday, October 15, 2026

Digital Currency

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BTC/USD Short Term outlook

BTC/USD is facing resistance around $248 and short term bullishness can be seen only above that level. Any break above $248 will take the pair further up till $258/$269. On the down side minor support is around $230 and …

By Lis Howell
1 min read
BTC/USD Short Term outlook
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  • BTC/USD is facing resistance around $248 and short term bullishness can be seen only above that level.

  • Any break above $248 will take the pair further up till $258/$269.

  • On the down side minor support is around $230 and any break below will take the pair further down till $224/$211.

 Indicator (Daily chart)

CCI (50) -Buy

CCI (14) - Sell

Ichimoku- Sell

We prefer to go Sell on rallies in BTC/USD around $240 with stop around $248 for the target of $226.

 

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