- BTC/USD has recovered till $270 after making a low of $243(trend line joining $213 and $225). The pair's minor resistance is around $272 and any break above could pave way for next target $285/$291.
- It is facing short term support around $250 and any break below will drag the pair further down till $243/$230.
Indicators (4 Hour chart)
CCI (50) - Sell
CCI (14) - Buy
Ichimoku- Neutral
Recommendation: Buy BTC/USD around $262, SL $249, Targets $280/$291.
