Short term target (days) = ~$8,200
Short term tight stop = ~$7,650
(These are based on a closed candle on the 1 hour chart)
Short term re-entry target ~$6,840
Comment:
BTC is in a well defined short term upward channel (Green)
The modified long term upward channel (Red) is likely to inhibit short term longs.
Obvious divergence on the RSI indicates a likely...