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- BTC/USD made a high of $465 and declined till $440 from that level. It is currently trading around $443.
- Short term trend is still bullish as long as support $424 holds.
- The pair's major resistance is around $465 and any break above will take the pair to next level till $480/$505 is possible. Overall trend reversal can be seen only below $400.
- On the lower side below $424 will drag the pair to next level $400/$380.
It is good to buy at dips around $440 with SL around $424 for the TP of $480/$505
