BTC/USD Short term outlook

• BTC/USD has broken major resistance around $265 and jump till $304 cannot be ruled out.
  
  
• It is facing short term resistance around $285 and any break above could pave the way for next target $304(Jan 26^th high).
  
  
• Any short term trend reversal can happen only below $ break below will take the pair further down till $246/$237.

Indicators (Daily chart)

CCI (50) - Buy

CCI (14) - Buy

Ichimoku- Buy

Recommendation: Buy BTC/USD around $270, SL $259, Targets $285/$304.