FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup 
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR sell bias remains below key resistance zone 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike 
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
BTCUSD showed a minor pullback ahead of the Fed chairman's testimony. It hit a high of $58200 and is currently trading around $57323.
German government transferred 1000 BTC on Monday and total equivalent to 13466 BTC since June 19th, 2024.
BTC exchange has seen an outflow of 68498 BTC highest since Nov 23, 2023.
US markets -
NASDAQ (negative correlation with BTC) - Bearish (neutral for BTC). The NASDAQ hits a fresh all-time high ahead of major earnings. Any close above 20500 will take the index to 21000.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 73.6% from 59.80% 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- $53000. Any break below will take it to the next level at $51825/$50000/$47000.
Bull case-
Primary supply zone -$57000. Any break above confirms a bullish continuation. A jump to $60000/$63500/$65000/$70000 is possible.
Secondary barrier- $70000. A close above that barrier targets $75000/$80000.
It is good to buy on dips around $55000 with SL around $50000 for TP of $75000.
