Technical analysis:
BTC has been trading downside today but I see that price is still inside of the rising channel. There is chance for the upside continuation.
Trading recommendation:
Due to upside channeling mode and buyers in control, I see potential for further upside continuation.
Watch for buying opportunities on the dips with upside objectives at $44.070 and $45.100.
MACD is showing positive reading, which is another sign that buyers are in control today.
Support level is set at $40.80
