BTC Squeezed in a channel between two MAJOR trends.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Update to the previous chart:
I've noticed the current channel we are in.

I'd say we are gonna hit the bottom again at some point.
MACD on 12H is diverging and 1D shows signs of divergence.

Also, if it continues to fall, the above mentioned ABCDE correction
would be proven wrong.
Then, we would actually be in a 3rd Wave, and two more waves might be incoming.
Comment: Well...that was fast....


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