BTC/USD chart - Trading View
Exchange - Coinbase
Support: 9156 (23.6% Fib); Resistance: 9940 (Channel Top)
Technical Analysis: Bias turning neutral
BTC/USD has edged lower from session highs at 9939, hovers around daily cloud.
The pair was trading at 9637 at 04:30 GMT, up 0.86% on the day after closing 3.12% higher in the previous session.
Price action has been capped at channel top resistance at 9940, break above could propel the pair higher.
GMMA indicators shows shift in near-term trend to bullish. However, major trend, as indicated by longer-term moving averages is still bearish.
That said, we see signs of exhaustion. Stochs and RSI are showing a slight turn near oversold levels.
'Death Cross' formation (bearish 50-DMA crossover on 200-DMA) on the daily charts weighs.
Price action is outside the upper Bollinger band and is struggling to hold break above cloud.
Immediate support lies at 23.6% Fib at 9156. Retrace below 200-DMA to see bearish resumption.


FxWirePro- Major Crypto levels and bias summary
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: USD/ZAR sell bias remains below key resistance zone 



