USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout 
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro- Major Crypto levels and bias summary 
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar 
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
After strong support at $975 (7EMA), BTCUSD has bounced back above DMAs to the current 1232 levels, while the leading oscillators have reached overbought zone (see monthly chart) and a decisive sustenance above DMAs would likely drag rallies swiftly up to the recent highs of 1275 and even 1350. Bitcoin has considerably spiked over 100% in the last week rising from $975.10.
For almost four years the Winklevoss twins have had to deal with bureaucrats, addressing their every concern, setting up their own exchange and going through the trouble of getting a Bitlicense, setting up an auction to carry out ETF business, but that apparently wasn’t sufficient – the SEC wants “surveillance.”
The SEC stated, "the Commission is disapproving this proposed rule change because it does not find the proposal to be consistent with Section 6(b)(5) of the Exchange Act, which requires, among other things, that the rules of a national securities exchange be designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest."
Fundamentally, in the recent times, the digital currency was under the scanner of SEC (securities Exchange Commission) for the approvals of ETF trading. The astounding SEC decision, at the last hour, of the very last day, on a Friday afternoon, is way over budget and could not be any more behind schedule.
The US Securities and Exchange commission on last weekend declined of a request to list what would have been the first U.S. exchange-traded fund built to track bitcoin, the digital currency.
On a broader perspective, the major uptrend seems to be intact as the both RSI indicates strength in the robust uptrend despite short-term hiccups, while and stochastic signals overbought pressure that is threatening for healthy bullish momentum.
If bulls manage to maintain above 7DMA levels, then it would shoot up to the recent highs of 1275 levels. MACD also substantiate this bullish stance.
