Technical analysis:
BTC/USD has been trading upside this morning but I found rejection fo the key resistance zone at $24.500, which is good sign for the further downside movement.
Due to the rejection of the key resistance zone and downside trend in the background, I see potential for the further drop.
Downside structural objectives is set at the price of $23.425
MACD oscillator is showing downside reading, which is good sign that sellers are in control.
Key resistance zone is set at $24.500-$25.000
