Technical analysis:
BTC/USD has been trading downside in the breakout and I found breakout of the symmetrical triangle pattern, which is good sign for the further drop.
Due to the strong downside momentum and the breakout of the triangle pattern, I see potential for the further drop towards lower references (Fibbonaci expansion levels)
Downside objectives are set at $28.200 and $27.300
Stochastic oscillator is showing bearish reading with no signs for the reversal, which is good confirmation for the further downside movement.
Key resistance is set at the price of $29.600
