- BTC/USD has broken short term resistance $235 and this confirms short term bullishenss, a jump till $258 cannot be ruled out.
- Bullish invalidation can happen only below $225 level.
- Any break below will take the pair down till $218/$211.
- The pair' minor resistance is around $245 and any break above would extend gains till $258 .
Indicator (4 Hours chart)
CCI (50) -Buy
CCI (14) - Buy
Ichimoku- Buy
We prefer to go buy at dips around $233 with stop around $225 for the target of $245/$258.


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