BTC waiting for channel breakBitcoin / U.S. dollarBITSTAMP:BTCUSDmpdBTC is compressing in a falling channel: in my view in the short term it could retrace at least to the channel mid line (around 104k) maybe to the channel lower trendline (around 97,6k). Once the channel will be broken BTC will reach final bullish cycle target in the range (132,109k - 132.700k) , then bearish cycle will start in autumn