Technical analysis:
BTC has been trading sideways at the price of $46,150. There is potential for the bigger drop but the price would need to breakout the key support at 45,500 to confirm downside direction.
Trading recommendation:
Watch for potential selling opportunities in case of the downside breakout of support at $45,500.
Downside objective is set at the price of $42,075
Key resistance is set at $48,560
