BTCUSD pared some of its gains after the hawkish Fed.It hit a low of $68878 yesterday and is currently trading around $69731.
The total bitcoin deposited on exchanges and trading platforms dropped to 1919030 BTC. This implies a bullish sentiment.
US markets -
NASDAQ (negative correlation with BTC) - Bullish (neutral for BTC). The NASDAQ hits a fresh all-time high after upbeat Nvidia results. Any close above 19000 will take the index to 19200/19500.
According to the CME Fed watch tool, the probability of a no-rate cut in June decreased to 93.50% from 96.7% a week ago.
Technicals-
BTCUSD trades above the short-term moving average (21 and 55 EMA) and 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 $63000/$60000/$56000/$50000.
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 $67000 with SL around $63000 for TP of $75000.


FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
AUDJPY on Fire: RBA Hawkish Pause Ignites Break Above 103.50 – Bulls Target 105 Next
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K
Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded
Ethereum’s $3,000 Crossroads: Buy the Dip or Brace for the $2,000 Cliff?
FxWirePro: NZD/USD edges higher, set to stay on front foot
NZD/JPY Breaks Above 90: Bullish Momentum Builds as Yen Slides
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ CNY attracts selling interest, 23.6%fib eyed
FxWirePro: NZD/USD edges up, remains on front foot 



