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Technical analysis:
BTC/USD has been trading downside yesterday but I found potential fake breakout of the trading range due to lack for selling after the breakout.
Due to the strong upside cycle on mid-long term and the potential for the fake breakout of the range, I see potential for the further rally.
Upside objectivse are set at the price of $26.450, $26.650 and $27.500
RSI oscillator is showing oversold condition and bullish divergence, which is good sign for the further rally.
Intraday support is set at the price of $25.900
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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