I personally still expect to see BTC dip to close to the 8k level in the coming days (Jan 24-26 due to 5 year BTC crash pattern which happens 23-24 days prior to Chinese New Year annually this year landing on Jan 24-25 + the first CME short positions expiring on Jan 26). From here I expect a bounce back to above 10k levels fairly quickly forcing BTC into a 10-12k channel for the beginning of Feb, finally breaking out of this in mid Feb to just above the 14k mark which will act as a new bottom level of support going forward as BTC moves back towards record highs in March/April (~20k) and beyond in the months following (~40k in July/Aug). Interesting times!