Technical analysis:
BTC/USD has been trading downwards at the price of $45,250. I see potential for further downside continuation.
Trading recommendation:
Watch for selling opportunities on the intraday rallies with the downside targets at the price of $45,800 and $38,000.
Stochastic is showing bear divergence and fresh bear cross, which is another sign for the downside movement in the next period.
Key resistance is set at the price of $48,000