well btc is still moving in the blue channel and fell to 20k. price has hit support line of the channel for 4 times (highlighted points) so far and it has to decide which way it is going in less then a few days. but which way is possible more? interesting thing is that horizontal black line which makes a black triangle with other two black lines. this black line acts both support and resistance line at the same time and when it forms a triangle there is always a fake break out and price gets back into the triangle and as I expected this happened. all things considered including news this cannot be the dip for sure and I expect the price break down the triangle and fall further, however this zone is a strong support zone and it would be hard and needs a lot of time to fall to bellow 17k. overall I expect the price to move like the blue cure.