BTC/USD Short term outlook

• BTC/USD has made a low of $210.86 and recovered from that level. Overall trend is neutral and any trend reversal can happen only above $244 (trend line joining $269.90 and $258.80.
  
  
• On the downside minor support is around $210 and any break below will drag the pair further down till $200/$193 in short term.

Indicators (4 hours chart)

Woodies CCI (14) - Sell

CCI (50) - Sell

Ichimoku- Sell

Strategy: stand aside.