BTC/USD chart - Trading View
Exchange - Coinbase
Support: 7231 (61.8% Fib); Resistance: 8417 (200-DMA)
Technical Analysis: Bias Bearish
BTC/USD recovery was capped below 200-DMA, the pair has resumed weakness.
The pair was trading 0.83% lower on the day at 7985 at 03:20 GMT, bias bearish.
Stochs and RSI show momentum is strongly bearish. MACD and ADX support downside.
The pair is struggling to hold 8000 level and volatility is rising on the intraday charts.
Scope for test of 61.8% Fib at 7231. Immediate resistance lies at 5-DMA at 8099. Bearish invalidation only above 200-DMA.


USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro- Major Pair levels and bias summary
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 



