BTCUSD trades flat ahead of US PCE data. It hit a low of $61167 and is currently trading around $61427.
According to Crytpoquant, BTC miners sold 30000 BTC, and miner's reserves were down to a 14-year low.
NASDAQ (negative correlation with BTC) - Bullish (neutral for BTC). The NASDAQ recovered slightly ahead of US PCE data. Any close above 20000 will take the index to 20500.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 57.90% from 57.50% a week ago.
Technicals-
BTCUSD trades below the short-term moving average (21 and 55 EMA) and the long-term moving average (200 EMA) in the 4-hour chart.
Minor support- $58000 Any break below will take it to the next level at $56000/$50000.
Bull case-
Primary supply zone -$65000. Any break above confirms a bullish continuation. A jump to $70000/$75000 is possible.
Secondary barrier- $75000. A close above that barrier targets $100000.
It is good to sell on rallies around $65000 with SL around $70000 for TP of $50000.


Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
FxWirePro -Major European Indices
FxWirePro- Major Pair levels and bias summary
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Major Pair levels and bias summary
FxWirePro:NZD/USD continues to recovers , upside pressure builds
FxWirePro- Major Crypto levels and bias summary 



