Technical analysis:
BTC/USD has been trading upside as I expected and the price did price broke out of the well defined trading range, which is good sign for the further upside movement.
Trading recommendation:
Due to the breakout of the defined trading range and natural pullbacks, I see potential for further upside movement towards main objective.
Watch for the potential buying opportunities on the intraday dips with the upside objective at the price of $18.000.
MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.
Key support is set at the price of $16.900