Technical analysis:
BTC/USD has been trading downside today and I found breakout of the key support cluster at the price of $25.500, which is strong sign that sellers are in control.
Due to the strong downside momentum and the breakout of the support cluster in the background, I see potential for the further drop towards upside references.
Downside objective is set at the price of $20.400
Stochastic oscillator is showing downside reading and increase in the momentum, which is good sign for the further downside movement.
Resistance is set at the price of $26.150
