BTC Modified Downward Channel and Horizontal Support

A revision of my last published chart (linked as related idea), here we have the bottom channel line excluding the strongest dip as anomalous, creating a much thinner channel than previously. Like the last chart, I expect to see daily candles lingering a bit along any horizontal support line the price touches. The channel still slopes downward, but with a smaller range. Watch the horizontal levels for stagnation; watch if BTC breaks above or below these levels. Look out for any multi-day closes outside of the channel as this is the strongest indicator that the trend is changing.