Updated

For short term trade in aspect of Harmonic pattern

is slight going down now.
As you can see, if is supported at 8000, we can expect Gartley or Bat Pattern.

The bounce from 7200 is not enough to penetrate 20 MA line.
For going through this strong 20 MA line (Blue), needs a more powerful energy.
If this prediction becomes true, we can expect will go up to 10000 level.

Always check MA line.
Especially like this reverse MA arrangement, MA line could be a serious resistance.

Note

Bitcoin needs more powerful momentum to go up.
Once again, I expect Bitcoin will touch 240 green MA line.
In past, near the 240 MA line, Bitcoin shows a strong bounce.

However, I do not agree that Bitcoin goes to below 7200 level.
The bounce would be near 8000 level, I guess.

hhhhong

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hhhhong