Moreover, I've noticed a descending resistance (thin line above the price). This level deflected the price during a re-test of the support (already resistance) of the .
What do we have in sum? A bunch of signs that tell us to open SHORT position. However, in case bulls are stubborn, we can go upward for a little bit and reach $8350 - $8450 level, but more likely, they won't have enough powers to break higher.
However, in bulls are not going to resist, we would see $BTC at $7500 - $7600 level. In case the price won't be able to take hold above this level, we can fall lower to $7100 - $7200 and fully close the GAP at the CME Bitcoin Futures chart (our idea about one).
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