BTC first move only going to the area enclose by the pink circle

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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BTC This first move only going as far as the area enclosed by the pink circle.
Then should move higher later
Comment: BTC moving to 9297
Comment: After 9297 BTC is moving to 9336 .
Comment: After BTC hits 9337 , 9667 appears to be up next .
Comment: BTCs movement is still up but it may touch the bottom of the current channel at 8900 and continue upwards
Comment: if you click on the graph above ( with the pink circle ) you can see that BTC is following the same pattern as the last consolidation which dipped from 90 to 87xx . So it may do the same here and dip to the 8900 area and then continue upwards
Comment: dipping to the the upper 9000 / low 9100 area will be more like it .
Comment: BTC is going to hit the channel wall at around 9700/9800

Comment: After hitting the channel wall it BTC could drop to the 9000 area , and them move back up. this should occur in about 5 hours time.
Comment: BTC getting ready to move to 9800
Comment: nope BTC not moving up - going to the 9300 area
Comment: bullcrap..this move goes to 9850

Comment: my final analysis on where BTC is heading -
it looks likes setup move to head to the 8700/8600 and then bounce upwards

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