BTC/USD chart - Trading View
Exchange - Coinbase
Support: 6963 (Lower BB); Resistance: 7287 (5-DMA)
Technical Analysis: Bias Bearish
BTC/USD was trading 0.73% lower on the day at 7151 at 04:10 GMT after closing 0.25% lower in the previous session.
The pair retains the bearish bias for the day, extends grind below downward sloping 5-DMA.
Rejection at 21-EMA and gradually rising volatility with bearish technical indicators ensures more weakness in the pair.
Immediate support lies at lower Bollinger band at 6963. Further weakness will see test of 7.4% Fib at 5663.
5-DMA is immediate resistance at 7285. Break above 21-EMA at 7496 could change near-term dynamics.


EURUSD Holds Above 1.1600 Despite US CPI, Fed Rate Hike on the Horizon
FxWirePro: EUR/NZD gaining momentum for a move towards 2.0100 level
FxWirePro- Major Pair levels and bias summary
Bitcoin Consolidates Near $78K: Will Strong ETF Inflows Trigger a Breakout to $90K?
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD scales one-week peak after ECB rate hike
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely
FxWirePro: EUR/NZD eases after hot US CPI data
FxWirePro: USD/CAD maintains bullish bias with focus on 1.4000
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD stays defensive ahead of key U.S. inflation data
NZDJPY Consolidates, Resistance at 90.78 May Signal Favorability for Downtrend 



