BTC respecting the channel

BTC big crash on 26 Jan , wait for it .
評論: As expected BTC is going down , if it break the $10.500 , we will see it at $9500 level, if it manage to break even more , $7700 will be the next station .
評論: BTC will test the $10.500, I am still bearish .unless it bounce up from $10.500 .
評論: Som it didn't bounce up and now we are heading to strong support $9500, I believe we have more pressure on the sellers side , we will touch the $8700 (fibonacci retracement 1) than up to $10700 zone .
評論: No big change , we get some range trading but unless it breakout the blue line , no trading for me .
評論: BTC still trading in a range and forming "W" PATTERN over and over in 5 min frame
We will see BTC DOWN $8500-$9000 100% (26 of Jan)
It could be worse if weak hands panic , we can see easily $7500 or $6000
Eventually after a huge correction we will have a period of accumulation after that BTC will enter the advancing period (Bull market).
That's my analysis, we will see if I am wrong

PS: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, ... Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions.
評論: BTC is behaving exactly as I thought , now last chance to break out .
If it reach $10.500-$10.700 and didn't breakout, it will go down to a minimum of $9500 before 16 h of tomorrow .
評論: Sorry I meant $11.500-$11.700 in the last comment
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