Looking at the daily chart, it looks like BTC will be moving sideways till closing inside the wedge. A breakout then should be expected, either up or down, hopefully upwards in a new bull run.
Note
An apparent break above the wedge is taking place, but we can't safely assume it's a confirmed break till $8,000. Otherwise, the current rise will just extend the wedge further and delay the big break for a while.
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