The BTC downward channel has become more clear over time.....

Over the past couple of months I have seen others, as well as myself, draw this downward channel in a variety of ways. Everything from Head and Shoulders, to Triangles, to Wedges, etc. etc. etc. With this last touch of the upper limit the picture, at least for me, seems to be more clear. There is very definitely a well defined downward channel holding the BTC price in check. Since no real Bitcoin supporter ever expects it to go to zero, the only question that remains is at what level will it finally breakout to the upside? Many say now, but I'm holding off for more clearer evidence that we have indeed breached the upper limit with no possibility for return. Personally, I would not mind seeing one more down leg as depicted in my chart. But wishing and hoping is not a trading strategy so I will just wait and let the chart and the price dictate what to do next. Until then, I'm sitting on my hands a while longer.......