I don't see any reasons for bullish analysis yet.

Updated
Technical targets in crypto usually don't work that good, but it can show us a logical trend to our graphs.
Note
We are forming an H&S with a head on 6500 area and shoulders on 6900, if we close on 7350 level, 6500 would probably be the bottom for the moment. with a target on 8k area. If it fails, then another rally to 6200 as we were waiting.
Note
target reached on 7500, lets wait for a market reaction before buying in, we probably won`t have a lower low.
Note
Continuation:
Fib ret + elliot waves TA
BTCUSDBTCUSDTTrend Analysis

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