After the preliminary low has been found, the first impulse has been completed and the wave 2 maybe finished, the next $ 7,800 target should be reached. This is currently a $ 500 range. At $ 7,806, it will show how much power the Bulls have and, if necessary, continue to run and going through the $ 8,000. That will not be easy, but if the turnaround is ready, the Bulls must now overrun the next targets. Greetings from Hanover Stefan Bode
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$7,272 must hold!
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BTC must break out of the trend channel and form a higher high to reach the short-term target. So far BTCUSD is still weakening at the trend channel.