FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips

BTC/USD has recovered till $235 after making a low of $198 and is currently trading at $228. Short term trend is bullish as long as support $198 holds.

•  The minor resistance is around $240 and break above will take the pair to next target $250/$268.
   
• The pair's minor support is around $220 and any break below will drag the pair further down  till $210/$198.

 Indicator (Daily chart)

CCI (50) -Sell

Ichimoku- neutral

We prefer to buy at dips around $220 with stop around $209 for the target of $248/$268/$290