[ Bitcoin and altcoins daily update #106 ]

Hi, friends. Back at my desk after trying to be away for the weekends as much as I could. Let's waste no time.

[Bitcoin]
My primary thesis is still us tagging around 87k. We were unable to reclaim that RSI channel and that second green line on (C) wave suggests we do it this week. I really want it to do it here and now. At the ending of this last (C) leg is where altcoin corrections should end, so if you're sidelined, look for what comes after that.
[Altcoins]
Showing lots of weakness due to fear and uncertainty. This to me, looks like a (C) leg down and these can be swift and nasty. You can see how correcive wave (B) travels in a channel. Breakdown from it gave away the info that another leg down is coming. By the end of Jan we already should find the bottom.
You can also see how these moves all travel in a channel. Also pointing to around inauguration day of finding the bottom.
Would also give enough time for WTO to reach the bottoming area.
1/2