Technical analysis:
BTC has been trading downside as I expected. BTC reached my first downside objective at $42,000 and is heading to test second at $40,000.
Trading recommendation:
Sellers in control, watch for selling opportunities on the rallies with the next downside targets at $40,000 and $37,650.
Stochastic is showing oversold condition but with no reversal yet, which is sign that sellers can continue with more downside.
