BTC/USD has broken major resistance $257 and reached till $268. Overall trend is bullish as long as support $ 248 holds
Bullish invalidation can happen only below $248 level. The major support is around $248 and break below will drag the pair further down till $232/$225.
Any break below will take the pair down till $218/$211.
The pair's major resistance is around $268 and any break above would extend gains till $280/$292.
Indicator (Daily chart)
CCI (50) -Buy
CCI (14) - Buy
Ichimoku- Buy
We prefer to go buy around $258 with stop around $248 for the target of $269/$280.


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