# FxWirePro- BTCUSD Daily Outlook By Sheena Jordan Canonical URL: https://www.tokenpost.com/news/investing/13176 Published: 2024-10-15T02:02:40.000Z Updated: 2024-10-15T02:02:40.000Z Section: Investing > BTCUSD trades higher due to upbeat market sentiment. It hit a high of $64949 at the time of writing and is currently trading at around $64849. Potential reversal zone- $52530. BTCUSD trades higher due to upbeat market sentiment. It hit a high of $64949 at the time of writing and is currently trading at around $64849. Long liquidation- On October 10, 2024, long liquidations for Bitcoin reached approximately $290 million, marking the highest level since 2022 BTC ETF BTCETF saw inflows of $253.6 M on Oct 11th yesterday led by Fidelity wise Orgin Bitcoin Fund with $117.1 million inflows, According to SoSOValue. US markets - NASDAQ (No correlation with BTC) - Bullish (neutral for BTC). The NASDAQ trades higher despite mixed US economic data. Any close above 20300 will take the index to 20500. Technicals- BTCUSD trades below the short-term moving average 34- EMA and 55 EMA and the above 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 -$65000. Any break above confirms an intraday bullishness. A jump to $67000/$70000 is possible. Secondary barrier- $70000. A close above that barrier targets $750000/$80000. Indicator (4-hour chart) CCI (50)- Neutral Average directional movement Index - neutral It is good to buy on dips around $60000 with SL around $57000 for TP of $70000. [TokenPost]() | info@tokenpost.com ## Links in this article - [TokenPost](https://www.tokenpost.com)