Others things I look at are the upper on log scale chart (~8160; see here https://uk.tradingview.com/chart/wLRytMy...), upper original and Schiff and the using the previous pull back which was 2.618 (~5000 previously and ~8200 for this run) so it's possible that history might repeat itself. So the current resistant is quite a solid one.
Current price is 8080 so we're pretty close to the 8200 and shorting here would give a pretty decent profit:loss ratio.
It is a risky trade as I am pretty much trading against the trend betting on the huge profit:loss ratio so remember risk management.
Breaking through 8160 and remaining above that level, however, could mean another extremely run with potential target of 32k ( on log scale since 2015; see here https://uk.tradingview.com/chart/wLRytMy...). So if BTCUSD can stay above 8200 then we might as well leave talking about bitcoin crashing until the price is around 32k. Will be interesting to see what will happen.
For now I'm on BTCUSD unless it can break through 8160 and 8200 with ease.
TP4: 3050 ?