Bitcoin is now testing triple resistance. Down moving trend line which is the top trend line of down channel, its also a 38% fib ratio of the whole down move and this level has been prior support and resistance.
For bulls to continue this level needs to be breached, if not then BTC could go back to 9200-9500 level and if this doesn't hold then next could be near 8000 level.
If you like it please upvote it and resteem it and comments are welcome.
NOTE: I am not a financial adviser and this is for education and entertainment purpose only. This is not a trading advise and just my opinion, please trade at your risk and do your research.