Intraday trend-Bearish
- BTC/USD is struggling to break $263 (200 day 4HMA) and this confirms short term weakness a decline till $225 cannot be ruled out.
- On downside major support is around $243 (cloud bottom) and any break below could pave way for next target $234/$225.
Indicators (4 Hour chart)
CCI (50) - Sell
CCI (14) - Sell
CCI (14) - Neutral
Recommendation: Sell BTC/USD around $250 SL $240, Targets $264/$272.