Check this first. Now we make some adjustment on the channel that connect all highs together. The blue zone is now pressuring price from rising . Some warning signals here are saying a possible reflection point to go. A type 3 candlestick pattern is now what we are waiting for. The bottom 7K is still the short trade's target.
Very detailed presentation Vera. 7000 (your target) is a strong support, in fact it is the 1D support. Even at those levels BTC will be a long term buy. In fact last week we made the first bearish 1W candle which if anything solidifies the long term uptrend. Too high too quick was never sustainable.