Bitcoin move coming sooner or later

Hard to tell when the next big move will occur.

Scenario 1: Seems like BTC may consolidate between the .382 Fib line and the the downward trend line from 1/6/2018 (top green line). There could potentially be a break out there or it can dip to the downward support trend line that has been in place since 12/30/2017 (bottom green line).

Scenario 2: Consolidation between .382 Fib and the downward trend resistance line from 1/6/2018 (top green line), either break out (PLEASE) or head towards testing the rising support line in place since 1/17/2018 (~10.3k, bottom red line), or further to the .236 Fib line (~8.9k, red fib level).

The daily chart is looking like its leaning towards an upward trend reversal, so hopefully it breaks out of this trend in the coming days. I will be watching for any dips past certain supports to determine what I will do. If it drops past the red rising support line I may sell and re-buy at a lower price with a portion of my BTC portfolio. Also remember to listen for some info in regards to your FA. Some good news could easily bounce us out of this slump!
BTCbtclongChart PatternsTrend Analysis

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