BTC/USD Short term outlook

• BTC/USD has formed short term bottom around $235 and is slightly recovering from that level. Overall trend is slightly bullish as long as support $234 holds.
  
  
• On upside major resistance is around $250 (200 day HMA) and any break above could pave way for next target $ pair's minor support is around $234 and break below will target $225/$220.

Indicators (1 Hour chart)

CCI (50) - Buy

CCI (14) - Buy

CCI (14) - Buy

Recommendation: Buy BTC/USD around $245, SL $234,Target $267