Bitcoin is testing upper line of channel. It can break anytime from now on til it hits´megatrend support line
In next 3 weeks I expect finishing the triangle as shown on the graph. There is a possibility that we will just follow the green line, without reaching the red top.
Continuing the triangle, the price is expected to draw another zig up to 440. Crossing the green line can trigger the start of The Big Dump, as predicted on "Tunneling through weeks".
Still playing with stuff, so do not take me seriously. I expect the price to drop to 392 in upcoming week 02/29 - 03/06. Plus, I expect the price to stay between 392 and 447. Let's see how it plays.
As long as BTC is following the red tunnel, we can expect it to go down up to support level of 200 USD/BTC.
we reached the support line, now it is time to revert the trend