Bitcoin- A possible channel formation

This idea depicts a bearish channel in downtrend that has been forming lately. I want to let you know that I closed all my trades and am currently keeping cash for a great opportunity. Don't trade if you don't need to, always wait for an entry; please consider that I'm a trader, not a HODLer. Or even if you're a trader, your strategies may differ from mine. I have a great risk tolerance, since I only used moderate leverage.