Technical analysis:
BTC/USD has been trading upside as I expected and the price has reached the main upside objective at $21.000 but I see potential for the downside rotation due to the overbought condition.
Trading recommendation:
Due to the overbought condition and momentum divergences, I see potential for the downside rotation towards lower reference.
Watch for the potential intraday selling opportunities with the downside objective at the price of $19.050
MACD oscillator is showing bearish divergence in the background, which is good sign for the further downside movement.
Key resistance is set at the price of $21.300
