Technical analysis:
BTC has been trading upside but I found rejection of the important pivot level at the price of $50,300.
Trading recommendation:
Due to the rejection of the major pivot resistance in the background, I see potential for the downside rotation.
Watch for selling opportunities with the downside objectives at the price fo $48,480 and $46,810.
Stochastic oscillator is showing bear divergence and potential for the downside rotation....
