# FxWirePro- BTCUSD Daily Outlook By Sheena Jordan Canonical URL: https://www.tokenpost.com/news/investing/11919 Published: 2024-05-30T02:39:14.000Z Updated: 2024-05-30T02:39:14.000Z Section: Investing > BTCUSD trades flat ahead of US PCE data. It hit a low of $67193 at the time of writing and is currently trading around $67741. BTCUSD trades flat ahead of US PCE data. It hit a low of $67193 at the time of writing and is currently trading around $67741. Health Firm Selmer bought Bitcoin as a primary reserve asset for $40 million. US markets - NASDAQ (negative correlation with BTC) - Bullish (neutral for BTC). The NASDAQ trades flat ahead of US GDP. Any close above 19000 will take the index to 19200/19500. Major economic data for the day - US Richmond Manufacturing Index (2 pm GMT) According to the CME Fed watch tool, the probability of a no-rate cut in June decreased to 99.10% from 96.50% 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- $65000. Any break below will take it to the next level at $63000/$60000/$56000/$50000. Bull case- Primary supply zone -$75000. Any break above confirms a bullish continuation. A jump to $80000 is possible. Secondary barrier- $80000. A close above that barrier targets $100000. [TokenPost]() | info@tokenpost.com ## Links in this article - [TokenPost](https://www.tokenpost.com)