Well, it went straight to the bottom of the predicted channel straight a few hours after I published it.
What happened? Excessive attack on bulls stop orders took all week gains apart in just a few hours. Huge piece of pie: marginal trading and futures did add some gunpowder in the Bitcoin soup.
Now it goes into the most simple scenario - 10% possible gain unles the news hit the worst way, but there's no much space to move for BTCUSD now in the 5800-7200 range.
My personal decision is to go long, as personally I believe that Bitcoin is truly undervalued, while many altcoins don't have any practical use and simply are overbought (BCG, EOS, IOT and all others)
The whole dump looks more like a safeheaven before the news, so be prepared for a huge bull run in case if they finally save some air for crypto and stop their pressure on it.