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- BTC/USD has broken minor support $325 and declined till $310.I t is currently trading at $314. Bitcoin is expected to decline further as EU toclamp down on bitcoin transaction after paris attack to stop terrorism funding.
- Technically it is facing strong support around $300 and any break below target $270$256 in short term.
- On the higher side major resistance is around $350 and break above will take the pair to new level $370/$400.
It is good to sell on rallies around $320-325 with SL around $355 for the TP of $270/$256.
