Further Development
Analyzing the current trading chart of BTC, I found that there is no change since my last analysis and I still expect another downside movement towards the $9,135 and $8,400.
There is the breakout of the rising channel in the background and I see the current rally like the re-test phase after the downside breakout, which is another confirmation for the downside continuation.
Watch for selling opportunities on the rallies...
Key Levels:
Resistance: $11,000
Support level: $9,135 and $8,40