Technical analysis:
BTC/USD has been trading upside this morning and I found rejection of the key support at the price of $26.500, which is good sign for the further rally.
Due to the fake breakout of the support in the background and strong demand this morning, I see potential for the further rally towards upside references.
Upside objectives are set at the price of $27.150 and $27.454
RSI oscillator is showing strong rejection of the oversold condition, which is another good sign for the further rally.
Key support is set at the price of $26.500
