The horizontal lines were drawn from weekly support that has now become resistance. I don't see us making it through them based on the we are seeing now and the low conviction low bubble up we had from recent lows.
Low with price rising is not good.
Too many of the 6kk Bitcoin people are saying 10k now, not good.
Resistance around 7,300-7,350 looks most likely. PANIC WOULD BE GREAT!
We all know this can change with to the upside.
THIS IS NOT ADVICE! I SAVE THESE CHARTS FOR MYSELF. MY 4 followers know not to trade on my ideas they have their own!