Technical analysis:
BTC has been trading sideways at the price of $9,300. There is potential for the bigger drop but the price would need to breakout the key support at $8,900 to confirm downside direction.
Trading recommendation:
Watch for potential selling opporutnities in case of the downside breakout of support at $8,900.
Stochastic is showing fresh bear cross, which is another sign and confirmation for the downside rotation.
