Technical analysis:
BTC has been trading sideways at the price of $57,800 but I see potential for the downside rotation.
Trading recommendation:
My advice is to watch for selling opportunities with the downside targets at $57,200, $56,800 and $56,200.
Stochastic oscillator is showing potential for the downside rotation due to hinge pattern in the background.
Key resistance is set at $58,500
