FxWirePro: BTC/USD faces strong support around $220, good to buy at dips

• BTC/USD is facing strong support around $220 and any further weakness only below $220 level. It is currently trading at $235. Short term trend is bullish as long as support $220 holds.
  
  
•  The major resistance is around $250 and break above will take the pair to next target $258/$270.
  
  
• The pair's minor support is around $220 and any break below will drag the pair further down till $210/$198.

 Indicator (4 Hours chart)

CCI (50) -Sell

Ichimoku- neutral

We prefer to buy at dips around $227 with stop around $218 for the target of $250/$258.