Technical analysis:
BTC/USD has been trading upside as I expected and the price has reached the upside objective at $23.400 but it also did rejection, which is sign of the sideways regime.
Trading recommendation:
Due to the rejection in the background from the key resistance zone, I see potential for the range development in the next period.
Key resistance is set at the price of $23.200 and watch for downside rotations around resistance with the downside objective at $22.500
Key support zone is set at the price of $23.400
In case of the upside breakout of resistance zone at $23.200, watch for buying opportunities with the upside objective at $24.325
