FxWirePro- Major Crypto levels and bias summary 
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K 
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K 
Bitcoin Bounces Hard: $87,592 Hit as Bulls Defend $80K – Next Stop $100K If $92K Breaks 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Ethereum Refuses to Stay Below $3,000 – $3,600 Next? 
BTC/USD is fell to 628.76 levels before restoring to 637 levels, where it currently trades. It has hit a high of 640 levels so far in the day (Bitstamp).
Long-term trend: Bullish
Short-term trend: Bullish
Ichimoku analysis of daily chart:
Tenkan Sen: 621.99
Kijun Sen: 615.55
Trend reversal: 600.35 (90 EMA)
Immediate resistance is seen at 640 (today’s high) and a break above would see the pair testing 651.79 (161.8% retracement of 628.99 and 592.10)/ 704.99 (July 03 high).
On the downside, support is likely to be found at 614.43 (10-day MA) and a break below would target 600.35 (90 EMA)/552.30 (August 19 low).
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BTC/USD hits fresh high of 640, jump till 705 likely
Wednesday, October 12, 2016 8:45 AM UTC
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