Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course 
BTCUSD recovered sharply on upbeat market sentiment. It hit a high of $715975 and is currently trading around $70607.
Fidelity BTC ETF recorded inflows of $261 million on Monday. Markets eye BTC halving event which is on Apr 20th, 2024.
Factors to watch for Bitcoin price action-
US markets -
NASDAQ (negative correlation with BTC) - Bullish (neutral for BTC). The NASDAQ trades above 18500 on rate cut hopes. Any close above 18700 will take the index to 19000.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in June % increased to 64.2% from 50% 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- $67000. Any break below will take it to the next level at $65000/$63000/$61800/$60000.
Bull case-
Primary supply zone -$75000. Any break above confirms a bullish continuation. A jump to $80000 is possible.
Secondary barrier- $80000. A close above that barrier targets $100000.
It is good to buy on dips around $63000 with SL around $59000 for TP of $75000.
