Technical analysis:
BTC has been trading sideways at the price of $56,400. I see potential for the breakout in the next period.
Trading recommendation:
In case of the upside breakout watch for buying opportunities on the pullbacks.
Upside objectives are set at the price of $59,360 and $61,000
Stochastic is showing bull divergence and potential for the rally....
Support level is set at $53,369
