The downtrend that started more than one year ago is giving signs of reversion.
Weekly suport holded the price and now we had a breakout of a chuvashov fork and also a falling wedge (if you look for this...)
The RSI also broked a trend line and retested it like the price with the chuvashov fork.
Price looks like is going up
As you can see, BTC -0.29% is consolidating between 7650 and 7260, also we have inside this pattern a lower high and a highr low. With the range of the price and the volume tightening, we may see some move later tonight or tomorrow.
In my opinion it will break low, and will consolidate again in the huge suport area of 7000-7150.
Here my chart zoomed out, looking...