So we went through the bottom of my previous triangle from the "Possibilities" idea linked below. Not what I expected, but movement nonetheless. Currently, it looks like we are settling into some new support around $8,750-9,000. I have drawn some new lines and maybe even came across a pattern, which I have shown with the pink lines and wave numbers. If this follows my TA, we could have a breakthrough around $9,400-9,500 tomorrow morning, which is indicated by the blue arrow.
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Also, I think it's important to note that there is a Senate hearing on crypto's on Feb. 6, so that could change price action considerably.