BTC tested bullish target at 7550 resistance and got rejected. Breakout of that slowly decreasing consolidation channel should take price to 8-8.3k. On the other hand, BTC need to make clear higher low, that will be capable of causing panic and provide liquidity for longs - and that may take price down to 6700-6900. So really, not a clear situation now. Still a macro bearish trend, but with bullish potential rising every day .
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From @cryptonism