BTC/USD chart - Trading View
Exchange - Coinbase
Support: 7700 (Channel base); Resistance: 8352 (200-DMA)
Technical Analysis: Bias Bearish
Bitcoin has breached crucial 200-DMA support to close below on Thursday's trade.
BTC/USD hit 3-month lows at 7712.45, lowest since June 12, before paring losses to close at 8060.
Technical indicators are biased lower, momentum with the bears, further weakness likely.
Oscillators are in extreme oversold territory, but no signs of pullback yet.
The pair is trading in a sloping channel pattern and finds strong support at 7700 level (channel base).
Breach at channel base will drag the pair lower. Next major support lies at 61.8% Fib at 7231.40.
21H EMA is immediate resistance at 8123. Retrace above 200-DMA (8352) will negate near-term bearishness.


FxWirePro- Woodies Pivot(Major)
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro- Major Crypto levels and bias summary
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro- Major Crypto levels and bias summary
U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro: AUD/USD retreats slightly but trend is still bullish 



