Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000? 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout 
BNB/USD formed a double bottom near $500 and showed a minor pullback. It hit a high of $611 and is currently trading around $577.80.
MGX has made a substantial $2 billion investment in Binance, representing a landmark event as the exchange's first institutional backing and the most significant individual investment within the digital asset sector. The transaction, completed entirely using stablecoins, reinforces trust in Binance's robust financial standing.
Overall bias remains bullish as long as support of $500 holds. It trades above the 34 and 55 EMA on the 4-hour chart. If the pair closes below $500, potentially leading to further declines towards $400.
Immediate Resistance is at $620. A successful breakout above this resistance could suggest bullish momentum, with further gains possible towards $640/$678/$700/$730.
Indicators (4-Hour Chart)
- Directional Movement Index: Neutral
- CCI (50): Bullish
Trading Strategy
It is good to buy on dips around $540 with a stop-loss set at $540 and a target price of $730.
