BTC/USD chart - Trading View
Exchange - Coinbase
Support: 7525 (channel base); Resistance: 8185 (200H SMA)
Technical Analysis: Bias Bearish
BTC/USD has resumed weakness after the pair failed to break past stiff resistance at 200-DMA.
The pair was trading 1.90% lower on the day at 8085 at 04:15 GMT, bias bearish.
Major trend has been bearish as confirmed by the GMMA indicator. Minor trend has also shifted to bearish after rejection at 200-DMA.
Price action has slipped below 200H SMA and volatility is rising on the intraday charts.
The pair grinds lower in slopping channel pattern and we see scope for test of channel base at 7252.
5-DMA is immediate resistance at 8266. Breakout above will see minor upside. Bearish invalidation only above 200-DMA.


Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Major Pair levels and bias summary
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro- Major Crypto levels and bias summary 



