Technical analysis:
BTC has been trading upside as I expected. The price reached my upside objective at the price of $44.045. Anyway, due to overbought condition I see potential for the downside rotation.
Trading recommendation:
Buyers are still in control and inside of the rising trend-channel but I see potential extreme condition and downside rotation.
Watch for potential selling opportunities in case of the breakout of support at $43.300.
Downside objectives are set at $42.500, $41.800 and $40.600
Stochastic oscillator is showing overbought condition, which is another sign for the downside rotation.
Resistance is set at $45.200
