So we went through the bottom of my previous triangle from the "Possibilities" idea linked below. Not what I expected, but movement nonetheless. Currently, it looks like we are settling into some new support around $8,750-9,000. I have drawn some new lines and maybe even came across a pattern, which I have shown with the pink lines and wave numbers. If this follows my TA, we could have a breakthrough around $9,400-9,500 tomorrow morning, which is indicated by the blue arrow.
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So this is what happens when you're typing tired.... the critical point at the blue arrow is obviously not tomorrow morning, but instead more like Feb. 9. Sorry for any confusion.
Also, I think it's important to note that there is a Senate hearing on crypto's on Feb. 6, so that could change price action considerably.