Bitcoin is in a rising wedge pattern which can extend the current price up to 7800-8000 Level that will be critical area for bitcoin to break .
7800-8000 can provide a better short opportunity but i would suggest to wait and see how the market reacts at that level.
A rejection with some good volume can send the price back to 6000-6500 Area
in other case if price manage to close daily candle or 4hr below 7000 before its go to 7800-8000 that will also trigger the sells
7800-8000 can provide a better short opportunity but i would suggest to wait and see how the market reacts at that level.
A rejection with some good volume can send the price back to 6000-6500 Area
in other case if price manage to close daily candle or 4hr below 7000 before its go to 7800-8000 that will also trigger the sells