Bitcoin false breakout? Tomorrow will tell

This crash appears to be following a similar template to the previous one back in December. Each daily candle is closely resembling the theme of each day in December. Which means that with today's bull turn upwards it matches the false breakout in December which led to three days of decline to retest the previous low and complete a double bottom before then creating the actual bullish trend upwards. My advice is to trade with caution over the coming two days as we may not be out of hot water yet.

Kommentera:

Downward move has commenced, should be four days till our bottom on January 24 if we follow the same trajectory as the previous crash

Kommentera:

The last three days have followed my arrow down as predicted. Tomorrow should have the biggest falls and we appears to be heading for a touchdown somewhere beneath $9000.

After that we might have a day or two of interesting moves due to the futures contract renewal on the 26th which might delay any bullish move upwards.