BTC has been trading in this channel since mid-June. I think it is definitely possible to see a move up to $25K - $30K in the coming weeks. Currently, I'm looking for another buy setup, either at the bottom of this large channel, or a possible break upwards from this smaller correction.
If we see a move below $20,700, then that would be a lower low, which signals further bearish movement to the downside coming.
If we see a move below $20,700, then that would be a lower low, which signals further bearish movement to the downside coming.