Potential reversal zone- $52530.
BTCUSD hit multi-month high on upbeat market sentiment. It hit a high of $65991 at the time of writing and is currently trading at around $65439.
BTC ETF-
BTCETF saw inflows of $364.8M on Thursday led by Blackrock IBIT added 5873 BTC, According Spot On Chain data.
Whales Bitcoin accumulation-
A massive whale has withdrawn 3,501 $BTC ($221.39M) from Binance over the past 3 days.
The whale just began the 4th Bitcoin accumulation wave 15 minutes ago.
Current holdings - 4062 BTC.
US markets -
NASDAQ (No correlation with BTC) - Bullish (neutral for BTC). The NASDAQ holds above 20000 ahead US PCE data. Any close above 20000 will take the index to 20500.
Technicals-
BTCUSD trades above the short-term moving average 34- EMA and 55 EMA and the long-term moving average (200 EMA) in the 4-hour chart.
Minor support- $60000. Any break below will take it to the next level at $57000/$55000/$52500/$50000/$46000.
Bull case-
Primary supply zone -$67000. Any break above confirms a intraday bullishness. A jump to $70000 is possible.
Secondary barrier- $70000. A close above that barrier targets $750000/$80000.
Indicator (4-hour chart)
CCI (14)- Bullish
CCI (50)- Bullish
Average directional movement Index - Bullish
It is good to buy on dips around $62700 with SL around $60000 for TP of $70000.


Jefferies Names 6 Top India Stock Picks Across Key Sectors
Physicists zoom into the birth of cosmic rainstorms with new CERN study
‘Buy now, pay later’ doesn’t feel like debt. For young people, that can be a big problem
FxWirePro- Major Crypto levels and bias summary
Who should own the knowledge that underpins AI technology?
Unsustainable – or manageable? We don’t yet know how data centres will impact Australia’s environment
China’s robots can run faster than Usain Bolt – now they are being prepared for war 



