Technical analysis:
BTC/USD has been trading downside overnight and I see potential for the breakout of the key support cluster and potential for the further drop.
Due to the fake breakout of the supply trend-line in the background and test of key support cluster at $29.650, I see potential for the further drop.
Downside objective is set at the price of $28.315
Stochastic oscillator is showing fresh downside flip, which is another good sign for the further downside movement.
Key resistance is set at the price of $30.400
