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FxWirePro: BTC/USD hits fresh all-time high at 1892, eyes 2000

BTC/USD shattered all records as it hit a fresh all-time high at 1892 levels on Thursday. It is currently trading at 1840 levels (Bitstamp).

Ichimoku analysis of daily chart:

Tenkan Sen: 1661.51

Kijun Sen: 1521

On the upside, a close above 1900 levels would see the pair testing 1933 (272.2% retracement of 1350 and 891.33)/1948 (200% extension of 751.34 and 1350)/1989 (113% extension of 1141 and 1892)/2000.

Caution is advised as lead indicators are in highly overbought zone.

On the downside, support is seen at 1792.79 (2H 10-SMA) and a break below is likely to see a dip till 1760 (2h 20-SMA)/1724 (4h 20-EMA)/1700.

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