USDT.D 5 - 6 year channel, we are currently at the bottom, On one hand, if there are danger bells and invisible realities with cash inflow, things could be different, however, considering the continuity of the channel's operation in the current situation, it is worth paying attention.
I think BTC will test $47,500 and then I expect a deep wave drop, it could spike down to $16,900.
Btc 47 500 is an important point; the probability of a rejection from this level is high... However, if this region is surpassed, Bitcoin could initiate a rapid rise.
I believe it is important to either move to cash or make a stop-loss trade at the 47 500 point, with a 60% likelihood.