USDT.D We are currently at the bottom of the 5 - 6 year old channel. On the one hand, if there are alarm bells and invisible reality cash inflow, things will be different, however, if the current situation and the continuity of the channel's operation are taken into consideration, it is worth paying attention.
I think BTC will test $47,500 then I expect a deep wave decline and it may take a shot up to $16,900.
Btc 47 500 is an important point. There is a high probability of rejection at this point... However, if this region is exceeded, Bitcoin may start a rapid rise.
I think it is important to switch to 60% cash or make a stop transaction at the 47 500 point.