FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets 
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
BTCUSD showed a minor sell-off after Fed Chairman Powell's speech. It hit a low of $65100 and is currently trading around $66284.
Fed Chairman Powell said that don't expect early rate cut until inflation cools down.
Factors to watch for Bitcoin price action-
US markets -
NASDAQ (negative correlation with BTC) - Bullish (neutral for BTC). The NASDAQ recovered slightly after the weak US services PMI. Any close below 18000 will take the index to 17700/17300.
According to the CME Fed watch tool, the probability of a no-rate cut in June increased to 61.80% from 56.80% a day ago.
Technicals-
BTCUSD trades below the short-term moving average (21 and 55 EMA) and above the long-term moving average (200 EMA) in the 4-hour chart.
Minor support- $64500. Any break below will take it to the next level at $63000/$61800/$60000.
Bull case-
Primary supply zone -$75000. Any break above confirms a bullish continuation. A jump to $80000 is possible.
Secondary barrier- $80000. A close above that barrier targets $100000.
It is good to buy on dips around $60000 with SL around $57000 for TP of $75000.
