Hi, this is my new update for BTC. In the last 16 days BTC has fallen over 24% and I think the bottom is already in, since we have completed abc correction. The first thing we have to do is to hold the SMA100 (the blue line) and the support level around 40000$ and if break those levels then things will get ugly here. The first resistance is around 44000 - 44500$ and if we want to set a higher high, we have to clear the top of (b) correction and I expect that we are going to make a bottom head and shoulders. So be patient and don't panic. ;)