Technical analysis:
BTC/USD has been tradingupside this morning and I see potential for the further rally towards upper references.
Trading recommendation:
Due to the breakout of the trading range in the backgrtound, I see potential for further rally.
Watch for the potential buying opportunities on the intraday dips with the upside objectives at the price of $16.800 and $17.300.
MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.
Key support is set at the price of$16.000