If we look back at the Jan 27 channel bounce, and take that scenario, and possibly apply it to what just unfolded this evening, then it may give us a possible out look into the next month. BTC is a machine regardless of price drop, it likes going up, if this indeed was the scenario, and we can confirm here in the next few days with another channel bounce confirmation, then we can expect our next month's outcome, and that the leveraged players just got shook out last night and SL were triggered, and the true HODLer's should be seeing their goals. But let's wait and see some confirmations.
Not financial advise, just my view on things, as well as observing other talented chartist that I believe in and have applied to my own thoughts.
Not financial advise, just my view on things, as well as observing other talented chartist that I believe in and have applied to my own thoughts.