This is actually two drops one will be to 9100 and the other to 8900
Current chanel bouncing between 9950 and 9645
Woke up this morning and the sky was falling - There are two choices 11k or 8k . Unless BTC puts on the Anti-gravity boots and does some climbing quickly it may be a dip to the 8k area .
Notice the circled S - means sell or take profit, move to Fiat
current channel - needs to cross 10760 to be considered tradable ,
Bouncing in the channel between 10900 and 10623
The 6 indicates 12 more hours of downward movement. There will be some upward movement , but the main direction is down for the next 12 hours.
at least 10 more hours of downward movement
The daily is on a 1 , indicating a possible 1 to 4 day pullback. ( Note i said Possible - not this is what will happen ) Notice the color of the candle it is brown and not red. This indicates the MACD has not turned bearish, but there is chance it may . A 1 to 4 day pull back will take us to Friday.