FxWirePro- Major Crypto levels and bias summary 
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro: USD/JPY edges higher but bulls lack punch 
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 
FxWirePro- Major Pair levels and bias summary 
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal 
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course 
FxWirePro- Major Pair levels and bias summary 
BTCUSD pared some of its gain on the escalation of geopolitical tension between Iran and Israel. It hits an intraday low of $69655 and is currently trading around $69979.
Bitcoin spot ETFs saw a strong rebound in institutional demand over the March 4–5 trading sessions, totaling around USD 920 million in net inflows. BlackRock's IBIT became the clear market leader, collecting USD 263 million on March 4 and raising its daily haul to USD 306 million on March 5, followed by Fidelity's FBTC's consistent strength (averaging roughly USD 95 million daily) and Bitwise's BITB (USD 36 million+ daily). Already topping USD 900 million in cumulative monthly inflows, this early March surge marks a clear reversal of February's poor outflow trend and points to a strong institutional "buy-the-dip" attitude notwithstanding continuous market volatility.
|
Technicals |
CMP -$69976 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$68891 |
CMP > 55 EMA |
Bullish |
|
200- EMA |
$71209 |
CMP <200- EMA |
Bearish |
|
365- EMA |
$76158 |
CMP >365 EMA |
Bullish |
Major support- $64000/$60000/$52500/$50000. Major bullishness only above $74000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
97.60 |
|
ADX |
Neutral |
- |
It is good to buy on dips around $67000 with SL around $64000 for a TP of $80000.
