I'm currently looking at a short-term pull-back before price moves higher, if bulls fails to hold the mid-level of the parallel channel price has formed:



This would be to around the support level, somewhere between $16.6-17K (depending on when this happens time-wise). If price fails to hold this relatively parabolic support trend-line that has been established, I'd be expecting a pull-back to around $14-15K in the longer-term. This would be approximately 15-25%, so not completely unreasonable imo.

Yesterday's Daily canndle was otherwise a "long legged" doji candle, indicating indecision in the market, while today's candle is also looking similar: