BTC/USD Short Term outlook

• BTC/USD has broken major resistance $248 and this confirms short term bullishness, a jump till $269 cannot be ruled out.
  
  
• Bullish invalidation can happen only below $232 level. The minor support is around $240 and break below will drag the pair further down till $232/$225.
  
  
• Any break below will take the pair down till $218/$211.
  
  
• The pair' minor resistance is around $248 and any break above would extend gains till $269 .

 Indicator (Daily chart)

CCI (50) -Buy

CCI (14) - Buy

Ichimoku- Buy

We prefer to go buy at dips around $248 with stop around $239 for the target of $269.