This chart shows why the next move down is coming.
Now approaching strong buy levels for a BIG bounce!
Bitcoin on it's way down. A horizontal support here and maybe a short bounce before heading lower.
The trendline is broken and if not recaptured tomorrow a big drop is comming!
Not broken the upsloping trendline yet on a daily basis. A bounce higher is possible. If we reach higher and a possible A T H in the neartime I predict a top at February 3rd. Then we will see a monstrous drop!
As long as this trendline holds the analysis tells neutral to upside. If/when it brakes the downside will be dramatic and fast!