Technical analysis:
BTC has been trading sideways in last few hours at the price of $50,000. Watch for potential downside rotation.
Trading recommendation:
Watch for the breakout of the consolidation low at the price of $49,700 to confirm further downside rotation.
Downside targets are set at the price of $49,300 and $48,800
Stochastic oscillator is showing bearish divergence and potential for the downside rotation....