As we told you BTCUSD was staying in the blue channel for the most time. Recently it attacked to 100 MA and got rejected. In order to see bullish run, we need BTC to find support and then retest 100 MA.
This support may appear at 50 MA (which is crossing the blue vertical line)
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Daily closure above 7600 will start the rally to 8000 range. The trend line is critical at 8200. If volume initiates and we see an upwards breakout, this indicates a very bullish scenario!