Technical analysis:
BTC has been trading upside in last few hours and I see potential for the downside rotation.
Trading recommendation:
Due to tight upside channel and slowdown in the tempo, I see potential for the downside movement.
Watch for selling opportunities if you see the breakout of channel with the downside target at $46,700.
BTC is on the larger downside channel mode.
Stochastic oscillator is showing overbought condition and potential for the downside movement.
