FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD gains some ground but outlook is bearish 
Bitcoin Dips Below $76,000 Amidst ETF Outflows and Technical Signals 
FxWirePro- Major Crypto levels and bias summary 
JPY Major Currency Score: GBPJPY, EURJPY, NZDJPY, AUDJPY, CADJPY, and CHFJPY show a bearish trend 
Technicals Over Tightening: Ethereum Rebounds from $2,356 Low After Fed Shock 
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes 
BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents 
NZDJPY: Bearish Trend Favors Sellers on Rallies Near 90.18-20 Resistance 
Add as a preferred source on Google
BTCUSD lost its shine after SEC charges against Binance. The Securities and Exchange sued Binance on allegations of violating federal securities law. Bitcoin price liquidation crosses $100 million after SEC lawsuit against Binance.BTC hits an intraday low of $25389 and currently trading around $25786.
Factors to watch for Bitcoin price action-
US markets -
NASDAQ (positive correlation with BTC) - Bullish (positive for BTC). The correlation between Bitcoin and NASDAQ diverged and the 40-day correlation dropped to 0.19. Any weekly close above 14600 will take the index to 15000.
According to the CME Fed watch tool, the probability of a no-rate hike in June increased to 77% from 35.80% a week ago.
Technicals-
Major support- $25000. Any break below will take it to the next level at $24300/$20000 if possible.
Bull case-
Primary supply zone -$30000. The breach above confirms minor bullishness. A jump to the next level of $37000/$43200/$48500 is possible.
Secondary barrier- $52200. A close above that barrier targets $60000/$69000.
It is good to buy on dips around $25000 with SL around $23000 for TP of $30000.
