Technical analysis:
BTC is building symmetrical triangle in last 24 hours. I see potential for the breakout in the next period.
Trading recommendation:
Due to well established symmetrical triangle in the background, my advice is to watch for the breakout to confirm further direction.
Upside breakout can confirm test of $63,900 and buying opportunities on the pullbacks would be best option in that case.
Downside breakout of support will can produce downside movement towards $57,835 and in that case, bearish opportunities on the rallies will be preferable option.
