Technical analysis:
BTC/USD has been trading downside as I expected. There is potential for the bigger drop towards $18.000 and $10.000.
Trading recommendation:
Due to the breakout of the bear flag pattern in the background and strong downside momentum, I see potential for further drop.
Watch for potential selling opportunities on the rallies with the downside objectives at $18.000 and $10.000..
MACD oscillator is showing new fresh downside momentum, which is good sign and confirmation for further drop.
Short-term resistance is set at the price of $20.500
