BTC/USD has slightly recovered after making a low of $662. It is currently trading at $674.78 levels at press time.

Long term trend: Bullish

Short term Trend- Bullish

Ichimoku analysis (4 Hour chart):

Tenkan-Sen level: $671.96

Kijun-Sen level: $672.54

Trend reversal level - (90 4H EMA)-$663

“BTC/USD has taken support near 90 4H EMA and slightly jumped from that level. So, slight weakness only below $660 level”, FxWirePro said in a statement.

Major resistance is around $685 (Jun 25 th high) and any break above targets $705 (Jul 2 nd high)/ $731 (161.8% retracement of $778 and $540)/$765 (Jun 19 th high).

Short term support – $662 (90 4H EMA) and any violation below will drag the pair till $646 (200 4H MA)/$621 (Jun 29 th low).