In my opinion, Bitcoin will retest the long term red line and will consolidate around 8200. It will then push higher but if it fails to break 10000 and forms a lower high it will then retest the red red trend line. IF we break 10k we should then see 14000.
Bitcoin bounce from long term trend line to 12k. Bounce down to 9000 level, then break towards 20k.
Bitcoin is headed to 8000. In my opinion a good buy at previous support and psychological number. Support from the 100-day moving average and the descending trend line.
Long term trend line broken. Bounce from previous support 0.0900. Target 1 0.1500 (0.236 FIB) Target 2 0.2100