Technical analysis:
BTC/USD has been trading downside this morning, I saw the breakout of the triangle pattern to the downside.
Trading recommendation:
Due to the breakout of the triangle pattern in the background and the downside trend , I see further potential for the drop.
Watch for selling opportunities with the downside objective at the price of $19.575.
MACD oscillator is showing downside reading with no signs for the reversal.
Key resistance is set at the price of $20.500