| Digital Currency

Become a contributor

Bookmark Econotimes

| Digital Currency

Shibarium Faces 97% Drop in Transactions, Yet Transfers Rise Steadily

Binance Enhances SHIB, USTC, AGIX Trading and Liquidity for Better Market Dynamics

Venture Capital Crypto Funding Hits $2.4 Billion in Q1 2024 Amid Bitcoin ETF Debut

Crypto Lender Genesis to Return $3 Billion in Bankruptcy Wind-Down Amid Rising Creditor Haircuts

Venezuela Acts Tough on Crypto Mining Amid Energy Squeeze, Disconnects Bitcoin Farms

Shiba Inu: Top Analyst Identifies Coin as 'Potential Gold Mine'; Price Analysis Suggests 35% Upside

Crucial SHIB Warning Goes Out: Fake Airdrop Scams Targeting Community, Here's Reason

$73M Crypto Scam: Two Foreign Nationals Arrested for 'Pig Butchering'

FxWirePro- LINKUSD (Chart of the day)

Ripple Warns: Math Prof Predicts Quantum Threat to Blockchain, Urges Crypto Key Overhaul

FxWirePro- BTCUSD Daily Outlook

Bitcoin's Rise Fueled by $222M ETF Inflow: What’s Next for BTC?

US Orthodontic Leader Accepts Shiba Inu, Embracing Cryptocurrency for Payments

Bitcoin Developers Tease Major Trigger for Next Bull Run: Programmability Upgrade

FxWirePro- Ethereum Daily Outlook

FxWirePro- BTCUSD Daily Outlook

Shiba Inu Burn Rate Skyrockets 579%, 9.83 Million Tokens Burned in One Day

©Econometrics LLC . All Rights Reserved.

BTC/USD Short Term outlook

Thursday, May 14, 2015 6:07 AM UTC

BTC/USD is facing resistance around $248 and short term bullishness can be seen only above that level.
Any break above $248 will take the pair further up till $258/$269.
On the down side minor support is around $230 and any break below will take the pair further down till $224/$211.

Indicator (Daily chart)

CCI (50) -Buy

CCI (14) - Sell

Ichimoku- Sell

We prefer to go Sell on rallies in BTC/USD around $240 with stop around $248 for the target of $226.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Tesla Cybertruck Trails Ford F-150 Lightning in Sales as Q1 Figures Disappoint Wall Street

Venture Capital Crypto Funding Hits $2.4 Billion in Q1 2024 Amid Bitcoin ETF Debut

Tesla Scrambles to Soothe European Backlash Over Fleet Price Cuts, Maintenance Costs

Newsrooms are experimenting with generative AI, warts and all

Beijing is walking a fine line between support for Russia and not angering the west too much

History says tariffs rarely work, but Biden’s 100% tariffs on Chinese EVs could defy the trend

South African communities vs Shell: high court victories show that cultural beliefs and practices count in climate cases

The budget has earmarked $8.6 million for live music. Is it enough to save the flailing industry?

What is pasteurization?

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

BTC/USD Short Term outlook

Editor's Picks

Welcome to EconoTimes