BTC/USD chart - Trading View
Exchange - Coinbase
Technical Analysis: Bias Bearish
GMMA Indicator: Major Trend - Bullish; Minor Trend - Bearish
Overbought/ Oversold Index: Neutral, Oscillators biased lower
Volatility: Shrinking
Support: 8134 (110-EMA); Resistance: 8360 (20-DMA)
BTC/USD is extending weakness for the 3rd straight session, intraday bias is bearish.
The pair was trading 0.68% lower on the day at 8326 at around 03:50 GMT, after closing 3.18% lower in the previous session.
Upside was rejected at 200-DMA and technical indicators have turned bearish. Stochs and RSI are biased lower.
MACD shows bearish crossover on signal line and the 'Death Cross' on the hourly charts weighs.
Price action has trimmed losses and is currently hovering around 21-EMA and channel top support at 8300.
Decisive break below 21-EMA and retrace into slopping channel will drag prices lower. Next major support lies at 110-EMA at 8134 ahead of 55-EMA at 7999.
On the flipside, 5-DMA is immediate resistance at 8534. Bullish continuation only above 200-DMA.


FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro- Major Crypto levels and bias summary
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 



