With a breakout of 87 457$ , the price of BTC was very quickly brought to 84 485$. A clear achievement, a precise slip between the two levels indicated by our indicator.

Everything is moving so quickly and aggressively that there is a Strong signal low on the 3-hour timeframe. They also exist on the smaller 5- and 15-minute timeframes. But hardly with such selling pressure should one rely on them.

As can be seen, supports are already starting below and they are generally dense: 83 571$, 82 885$, 82 199$. And only if the level 82 199$ is broken can we see a new quick impulse to 80 600$. That is the November low.

The basic targets for decline on the 3-hour timeframe have already been worked out. So if we get a reversal from the current levels - it shouldn't be surprising. The nearest targets for decline have already been worked out. BUT one shouldn't hope for a reversal before the uptrend on the hourly timeframe. Bulls have very little time to return above 87 695$. If there is no recovery above this level by the end of January 30 - we will meet February as a month of decline, at least its first part.

In 10 minutes we will surely get a downtrend on the 4-hour timeframe. But even there the basic targets will already be worked out. It's too strong of a sell-off.