Looks like BTC is working on the leading diagonal triangle which is going to complete in next 1-2 days, decreasing volume is also confirming that. The target is around 7800 before going down maybe in the range of 7300-7400 possibly.
Note
There is a slight change in the target because of the previous rally couldn't hit the target. Now after adjusting the trend lines, the target is around 7700 before going down.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.