FxWirePro- Major Crypto levels and bias summary 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
BTCUSD holds above the $50000 level despite strong US CPI. It hit a high of $51700 and is currently trading around $51096.
The US yearly CPI falls to 3.1 in Jan from 3.4%, above expectations of 2.9%.
Factors to watch for Bitcoin price action-
US markets -
NASDAQ (negative correlation with BTC) - Bullish (neutral for BTC). The NASDAQ pared some of its gains as US CPI data decreased rate cut hopes. Any daily close above 18000 will take the index to 18200/18500.
According to the CME Fed watch tool, the probability of a no-rate cut in Mar increased to 91% from 81% a week ago.
Technicals-
BTCUSD trades above the short-term moving average (21 and 55 EMA) and above the long-term moving average (200 EMA) in the daily chart.
Minor support- $50000. Any break below will take it to the next level at $48300/$47800/$46000.
Bull case-
Primary supply zone -$52500. Any close above confirms a bullish continuation. A jump to $55000/$60000 is possible.
Secondary barrier- $60000. A close above that barrier targets $69000.
It is good to buy on dips around $50000 with SL around $48000 for TP of $60000.
