Bitcoin about to breakout of Long Term resistance

Looking at the daily chart, you can see bitcoin is approaching a key level of $7550. If it breaks out of this level we can expect the bulls to be back in control with significant upside to towards the $8500 and $10,000 levels. This is a key resistance from January 2018. So breaking out of that will have significant momentum and upside potential.

Comment:

Bitcoin is still staying within the resistance and support of the descending triangle. A break above 7000 in the next several days will signify a breakout.. Conversely a break below the support of 6000 it will be back to bearish