BTC/USD chart - Trading View
Exchange - Coinbase
Support: 7762 (Oct 7 low); Resistance: 8249 (20-DMA)
Technical Analysis: Bias turning bearish
BTC/USD has slipped below 20-DMA, intraday bias is turning bearish.
The pair was trading in an extremely tight range in the Asian session.
Technical indicators have turned slightly bearish. Stochs are sharply lower and RSI is below 50, bias lower.
Price action has been extending grind lower in a sloping channel pattern and failure at 20-DMA has raised scope for weakness.
Stochastics RSI is on verge of rollover from oversold levels. Dip till 61.8% Fib at 7231 likely.
That said, volatility is low, which could limit drastic moves on either sides.
20-DMA is now resistance at 8249. Break above 200-DMA required for bearish invalidation.


FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
ETH Cracks $2,100 in Bitcoin’s Wake as Bearish EMA Stack Deepens; Sellers Target $1,900 on Rallies
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: GBP/USD recovers some ground but bears are not done yet 



