BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Things we broke, the bearish trendline and a resistance level . Price formed a perfect entery following inside or even outside bar settings. Our recomendation long played through. Now we need to stay above this levels, going to next but we could still retest previos resistance now becoming support.

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Historically, every January, BTC has had:

. high peak (+5 to 10%) :uptrend: between 3 and 7th
. massive drop (-15 to 50%) :downtrend: between 10 and 16th

No skips, every :alarm_clock: January happens the same cycle.

Why this happens? Because Chinese New Year, which is like Xmas seasonal sell off, but much bigger

So for:
a) daytrading :buy: now, sell by 9th
b) longs :sell: now, buy by 12th

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