Technical analysis:
BTC/USD has been upside in the background and I see potential for further growth towards next upside references.
Trading recommendation:
Due to the strong upside momentum in the background and intraday bull trend, I see potential for further rise.
Watch for buying opportunities on the intraday dips with the upside objectives at $16.800 and $17.000.
MACD oscillator is showing bullish reading, which is good sign that buyers are in control.
