Technical analysis:
BTC/USD has been trading sideways this morning at the price of $27.975 and I see potetnial for the breakout play.
Due to the big contraction this morning and the upside cycle in the background, I see potential for the higher prices.
In case of the breakout of the $28.120, I see further rally towards $28.650.
MACD oscillator is showing decreasing on the downside momentum, which is another good sign for the rally.
Swing low potential support set at the price of $27.660
