Technical analysis:
BTC has been trading today and there is the rejection of the key resistance at $45,400. I see further downside movement towards the lower reference point.
Trading recommendation:
Due to rejection of key resistance in the background at $45,400, my advice is to watch for selling opportunities on the rallies.
Downside objective is set at $41,640.
Anyway, in case of the upside breakout of resistance at $45,620, watch for upside opportunities with the upside objective at $47,000
