Further Development
Analyzing the current trading chart of BTC, I found that there is rejection of the key pivot resistance at $39,300 and that we might see downside movement towards $33,000 and $28,515.
Watch for selling opportunities on the rallies with the targets at $33,000 and $28,515.
Key resistance is sett at $39,600.
Additionally, there is the bear cross on Stochastic oscillator, which is sign for the further downside movement.