Technical analysis:
BTC has been treading inside of the tight rising channel. I see potential for the downside continuation.
Trading recommendation:
I see potential for the downside continuation and another breakdown towards the $63,000.
Watch for selling opportunities in case of the downside breakout. Downside target is seet at the price of $63,000.
Stochastic is showing fresh bear cross, which is another sign and confirmation for the bearish continuation.
Resistance level is set at $69,900
