Welcome back after long break. As shown on chart, BTC is out of descending tendency. We should re-test it and then some upper movement is expected. Please note the we have 2 strong resistance areas (red boxes) from which price can bounce back and forth or make a strong move upwards up to upper tendency and find support on the highest resistance area. So short-term bearish, but so far in long term keep in mind bullish scenario.
Comment:
Tendenc re-test done, now timefor dump. Safe TP 7380