Great opportunity to sell BTCUSD .
Price made a false breakdown of two resistance lines.
Now BTC is below these lines and the resistance level of 7450 + the trend is falling.
Target 1 - Level 6800
Target 2 - Level 6200
@uziboozi, Look at my idea, there was just a big order block put up on binance at 7200 of 1274 BTC. Majority of market is short, combine this with the funding rates on exchanges which are turning negative again (shorts paying longs). This means there will be a lot of short under water if we move up a little bit and if we break above 7500 a lot of them will start folding their hands concluding in extra buy presure. After 75 that will add fuel to the run and go up to 7700 where a lot of liqs are. Market makers will go for liquidity and now that is at 7700.