Bitcoin Smashes Resistance: BTC Eyes 80,000 USD Milestone as ETF Inflows Surge 
FxWirePro: AUD/USD softens slightly, shows sensitivity to Iran news 
FxWirePro: USD/CNY inches higher as investors await potential US-Iran peace talks 
FxWirePro: EUR/AUD heads deeper into bear territory, 23.6%fib fibonacci eyed 
FxWirePro: GBP/AUD drifts lower could be on verge of bigger drop 
FxWirePro: NZD/USD firms on RBNZ rate hike expectations 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
AUDJPY Consolidation: Aussie Holds Near 114.00 as Bulls Eye 115.00 Breakout 
Sterling Strength: GBPJPY Eyes 217.00 as Inflationary Pressures Mount 
NZDJPY Technical Outlook: Bullish Momentum Drives Kiwi Toward 96.00 Target 
BTCUSD showed a minor pullback after fed Chairman's testimony. It hit a high of $59459 and is currently trading around $58437.
German government transferred 6306.9 BTC on Tuesday valued at $362.12 million (negative impact on BTC).
BTC ETF saw inflows of $294 million on Tuesday, the highest since June 6th, 2024.
US markets -
NASDAQ (negative correlation with BTC) - Bullish (neutral for BTC). The NASDAQ hits a fresh all-time high ahead of major earnings. Any close above 20500 will take the index to 21000.
According to the CME Fed watch tool, the probability of a 25 bpbs rate cut in Sep increased to 70% from 68.40% a week ago.
Technicals-
BTCUSD trades above the short-term moving average (21 and 55 EMA) and the long-term moving average (200 EMA) in the 4-hour chart.
Minor support- $53000. Any break below will take it to the next level at $51825/$50000/$47000.
Bull case-
Primary supply zone -$57000. Any break above confirms a bullish continuation. A jump to $60000/$63500/$65000/$70000 is possible.
Secondary barrier- $70000. A close above that barrier targets $75000/$80000.
It is good to buy on dips around $55000 with SL around $50000 for TP of $75000.
