Technical analysis:
BTC/USD has been trading downside today and I see potential for bigger drop towards downside references.
Trading recommendation:
Due to the strong downside breakout of the triangle pattern and strong downside trend in in the background, I see potential for further drop.
Watch for the potential selling opportunities on the rallies with the downside objectives at $13.500 and $12.180.
MACD oscillator is showing fresh downside momentum, which is strong sign that sellers are in control.
Key resistance is set at the price of $17.000