BTC has been consolidating just below $8000 for about 24 hours. BTC has made about 4 attempts to break $8000 but so far they have all failed. Looking at the 15-minute chart BTC has now pulled back a bit and I am looking for it to stay above the recent low of $7536, if it does and puts in a higher low I would look for it to move higher and possibly break $8000. If it breaks down below $7536 in the short term I would look for further downside