BTC/USD has broken major support $248 (200 day MA) and declined till $220 It is currently trading at $232. Short term trend is bearish as long as resistance $247 holds.
- The major resistance is around $248 (200 day MA) and break above will take the pair to next target $258/$270.
- The pair's minor resistance is around $220 and any break above would extend gains till $211/$200.
Indicator (Daily chart)
CCI (50) -Sell
Ichimoku- Sell
We prefer to sell on rallies around $240 with stop around $248 for the target of $220/$211.


FxWirePro- Major Crypto levels and bias summary
Major Pair Currency Score: USDCAD Extremely Bearish, NZDUSD Bearish, EURUSD, GBPUSD, AUDUSD Bullish
FxWirePro: AUD/USD range bound ahead of key event risks
Market Outlook: Crypto Score Signals Extremely Bullish Structure Across BTC, ETH, SOL, and BNB
FxWirePro- Woodies Pivot (Major)
JPY Major Currency Score: AUDJPY, EURJPY, CADJPY Extremely Bearish
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely
FxWirePro- Major Crypto levels and bias summary
NZDJPY: Downtrend Favors Sellers After Minor Pullback; Sell on Rallies Advised 



