Technical analysis:
BTC/USD has been trading downside as I expected and the price has reached first downside structural objective at $24.000. Anyway, I see potential for the further downside movement.
Due to the strong downside momentum and the breakout of the rising trend-line, I see potential for the further downside movement
Downside objective is set at the price of $23.400
MACD oscillator is showing downside reading, which is another good sign for the further downside movement.
Key resistance zone is set at the price of $25.000