Technical analysis:
BTC/USD has been trading downside as I expected. The price did breakout of the bear flag pattern in the background, which is good sign for the further downside movement.
I see potential for the further drop towards lower references.
Downside structural objectives are set at $21.500, 20.750 and $19.500
Stochastic and MACD oscillators are showing downside reading with no evidence for the change in trend behavior.
Key resistance is set at the price of $22.550
