RE: Where does Bitcoin go from here?

This is what I'm watching on a technical level.

Successive breaks of the channel lines could lead to a consolidation pattern. But, if we're going to continue straight up, then those lines, the lower line in particular, would need to hold, I would think. We could always get a break lower like we see on the chart as already having happened once . . . thing is, those kinds of "repeats" are not all that common. In any event, the channel must be respected in the intermediate term (a short term break that quickly recovers stays within that context), otherwise I'd be looking for sideways consolidation as people step back to wait and see what happens.