What do you think guys? BTC can go up or down? 
both are correct , the thing is to know "when" , and that's a million dollar question!we use all technical and fundamental analysis to find that out!
And how much you believe in the technical analysis ?
Fundamental is all right but I have got hate for the technical analysis. People are literally making fun on the forum by editing whatever graphs they want and start commenting on that. They think just representing the graph in different way and giving it name of few theories will make it look like that its deep technical analysis of the whole thing. But its not. This means only one thing they are not true and they are just crap. Well few exceptions are there but its not about them its about other 99% whose making the crap.
