Technical analysis:
BTC/USD has been trading downside. There is potential for the bigger drop towards lower references.
Trading recommendation:
Due to the breakout of the well defined triangle pattern in the background, I see potential for further drop.
Watch for the potential selling opportunities on the intraday rallies with the downside objectives at the price of $18.950 and $18.600.
MACD oscillator is showing fresh downside momentum, which is strong sign that sellers are in control.
Key resistance is set at the price of $19.600
