Further Development
Analyzing the current trading chart of BTC, I still see potential for the new downside leg towards the levels at $10,140 and $9,854.
Based on the hourly time-frame, I found that there is the bear flag pattern in creation.
Watch for selling opportunities on the rallies with take profits at $10,140 and $9,855
Stochastic oscillator is looking overbought, which is another sign for the potential downside rotation....
Key Levels:
Resistance: $10,500
Support level: 10,140 and $9,855