Bitcoin’s Tug-of-War: Institutional Inflows Battle Technical Resistance at USD 72,500 
FxWirePro: AUD/USD softens slightly, but remains bid overall 
FxWirePro: GBP/AUD under pressure , knocking on door of key support 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro:EUR/USD slips as oil supply and conflict fears persist 
FxWirePro- Major European Indices 
FxWirePro: GBP/USD drops towards 1.3350 level, heads deeper into bear territory 
FxWirePro -Major European Indices 
Bitcoin Teeters Near USD 70,000 as USD 245 Million Liquidation Wave Rocks Crypto Markets 
BTCUSD trades flat with neutral bias. It hits an intraday high of $67281 and is currently trading around $66868.
|
Technicals |
CMP -$66846 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$69029 |
CMP < 55 EMA |
Bearish |
|
200- EMA |
$68449 |
CMP < 200- EMA |
Bearish |
|
365- EMA |
$67362 |
CMP < 365 EMA |
Bearish |
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $72500.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
-60 |
|
ADX |
Neutral |
|
It is good to sell on rallies around $70000 with SL around $72280 for a TP of $65000/$64000.
