Technical analysis:
BTC/USD has been trading downside and I found the breakout of the bigger trading range and the bear flag pattern, which is strong sign for the further downside movement.
Trading recommendation:
Due to the breakout of the trading range and the downside momentum, I see potential for the further drop.
Watch for the potential selling opportunities with the downside objective at the price of $20.300
MACD oscillator is showing neutral reading
Resistance zone is set at $21.900