Technical analysis:
BTC has been trading upwards at the price of $38.750 but I still no strong momentum, which can be a first warning for the downside rotation.
Trading recommendation:
Due to overbought condition and very controlled rally, I expect further downside rotation.
The breakout of the upside channel will confirm downside movement towards $33.455 and $28.950.
Stochastic oscillator is showing overbought condition, which is another of the potential weakness...
