Technical analysis:
BTC has been trading upside today and there is the breakout of the falling channel, which is good sign for further upside continuation.
Trading recommendation:
Due to the breakout of the well defined downside channel, I see potential for the upside continuation.
Watch for buying opportunities on the intraday pullbacks with the upside objective at the price $51,630 and $55,433.
Stochastic is showing bull reading with no evidence for any reversal.
Key support level is set at $45,570
