![BTC/USD – Sell trade idea [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Digital Currencies/Bitcoin/bit-coin-symbol-flag-3d-illustration-59931110_XtraLarge.jpg)
Due to the momentum decreasing on the upside and bearish divergence on the RSI oscillator, I see potential for the further downside movement.
Author
Petar Jaćimović
FXCentrum
Petar Jaćimović was born on 8 July 1989 in Jagodina, Serbia.
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Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.