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BTC could have a short-term pump to 19k before the FINAL dump

Long
Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)  
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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Trend Analysis Technical Indicators Wave Analysis
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trendanalysis indicator waveanalysis
Since the FTX incidence, BTC had down 27%, It seems that we are currently in a correction wave. Nothing changes the sentiment being quite negative which will eventually bring us to a new low.

We have Powell speaking and CPI data coming out this week. As long as 17K holds position, I believe BTC will come to 19k in Jan.

Supporting area: 16825-16950
1st Resistance : 17330-17450
2nd Resistance: 18215
3rd Resistentce:18936-19137

Hopefully we will continue the downtrend after we hit the 19K area.

Cheers
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