FxWirePro:BTC/USD faces strong resistance $465, good to buy at dips

• Major resistance - $465
   
• BTC/USD made a high of $465 and declined from that level. it is currently trading around $454.90.
• Short term trend is still bullish as long as support $424 holds.
   
• The pair's major resistance is around $465 and any break above will take the pair to next level till $480/$505 is possible. Overall trend reversal can be seen only below $400.
   
• On the lower side below $424 will drag the pair to next level $400/$380.

 It is good to buy at dips around $450 with SL around $425 for the TP of $480/$505