I'm on the same page on my read of the market. I'm convinced that BTC is long overdue for a test of the 20 weekly moving average, which is currently just a tad bit above $7K (that would put a test of it at your $7.5K in around 2 ~ 4 weeks, on the later side if it were to wick below that moving average on its test). Chart of the weekly with 20 SMA (along with a 66% envelope to the 20 SMA and a fib-level assessment of the major bullish move) below:
RE: It's Time To Take My Own Advice