Technical analysis:
BTC has been trading sideways at the price of $61,000. I see potential for the downside rotation.
Trading recommendation:
Key resistance at the price of $65,000 is on the test and I see potential for the downside rotation.
Watch for selling opportunities with the downside target at the price of $53,210
Stochastic oscillator is showing overbought condition with the bearish divergence in the background.
