Technical analysis:
BTC has been trading sideways downside today and there is test of the major support area at the price of $58,600.
Trading recommendation:
Due to strong selling climax and test of major support I see potential for the upside rotation.
Watch for potential buying opportunities with the potential upside objective at $62,700.
Stochastic oscillator on lower time-frames is showing extreme condition, which is sign for the potential rotation to the upside.
Key support level is set at $57,800