BTC/USD chart - Trading View
Exchange - Coinbase
Support: 7331 (200H MA); Resistance: 7500 (5-DMA)
Technical Analysis: Bias Bearish
BTC/USD was trading 0.68% lower at 7353 at 04:40 GMT, intraday bias is bearish.
The pair is extending weakness for the 3rd consecutive session, scope for further downside.
Recovery attempts in the pair have been capped at 21-EMA, price has slipped below 5-DMA.
Major trend has been bearish and rejection at 21-EMA will likely see downside resumption.
The pair is currently holding support at 200H MA at 7331, break below will see weakness.
Technical studies support downside. MACD failed to make the bullish crossover on signal line.
5-DMA, Stochs and RSI are all biased lower on the daily charts. Stochastics RSI is on verge of rollover from overbought levels.
Break below 200H MA will see dip till 110W EMA at 6889 ahead of channel base at 6100.


FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro- Major Pair levels and bias summary
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Woodies Pivot(Major) 



