#BTC Big Short Swing Coming Soon! #Crypto is #Bitcoin

#BTC has been trending in the channel for the past four weeks. Bottom of the channel trendline was tested recently and now #BTC is trending towards the upside. Currently, we are testing the middle trendline. Next, will try to break major resistance at 7.5k. The final target is in the areas of 8k - 8.2k in confluence with Hight Timeframe Fibonacci 6.18 target as well as reaching Fibonacci extension algo target 1:1.

Price Action and Fibonacci analysis