Technical analysis:
BTC has been trading upside in last few days in the background as we expected.
Trading recommendation:
Due to strong upside cycle on the BTC and rising lows, I still see potential for the another rise towards $71,000.
Watch for potential buying opportunities on dips with the upside target at $71,000.
Stochastic oscillator is showing fresh new upside reading, which is another sign of the strength.
Support level is set at $66,600
The material has been provided by InstaForex Company - www.instaforex.com