FxWirePro- Major Crypto levels and bias summary 
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground 
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts 
GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223 
FxWirePro: GBP/USD under pressure despite UK's modest economic growth 
AUDJPY Bullish Momentum Ignites: Buy Dips Toward 115 Target 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Crypto levels and bias summary 
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral 
FxWirePro- Major Crypto levels and bias summary 
BTCUSD declined sharply as the Fed might delay the rate cut. It hit a low of $62599 and is currently trading around $62776.
New whales bought BTC at an average price of $56400 via spot BTC ETF. The net inflows of BTC ETF increased by over $2.5 billion last week alone.
Factors to watch for Bitcoin price action-
US markets -
NASDAQ (negative correlation with BTC) - Bullish (neutral for BTC). The NASDAQ consolidating in a narrow range ahead of US Fed monetary policy tomorrow. Any close above 18350 will take the index to 18500.
According to the CME Fed watch tool, the probability of a no-rate cut in Mar decreased to 99% from 98% a week ago.
Technicals-
BTCUSD trades below the short-term moving average (21 and 55 EMA) and above the long-term moving average (200 EMA) in the 4-hour chart.
Minor support- $61900. Any break below will take it to the next level at $60000/$59000.
Bull case-
Primary supply zone -$65000. Any break above confirms a bullish continuation. A jump to$69000/$75000 is possible.
Secondary barrier- $75000. A close above that barrier targets $80000.
It is good to buy on dips around $59000 with SL around $56000 for TP of $75000.
