BTC is rallying today, breaking out of the descending pitchfork.
I am just going to draw some Sine waves, here's the Feb8/9 dip
And i'll go back to Feb 7/8 and draw a green Sine for the momentum
** I am not trading, I am just making observations and drawing lines. Do your own research! This is just for perspective, keeping an eye on the price of Bitcoin **
Daily candles between Feb 2-9 2026 reveal a descending channel, which I have duplicated above and below for the next series, and now I am using a Trend-Based Fib Time to step forward,
Red Flag! Will BTC fall below 50k? Is it possible? Definitely. Is it the end? Not likely.
Now that I have some Sine-waves, Parallel-channels and reverse-Pitchforks projecting forward, I can add some emojis to speculate on possible patterns. Will BTC rise higher today, or fall below open?
https://www.bitget.com/trading-bot/spot/BTCUSDT
Update at 3:29pm, where will it go next?
Higher or Lower tomorrow? We will have to wait to see!
@Darkflame
