mycotoxin is seeing some pattern suggesting the run to 7500 should follow,
https://www.tradingview.com/chart/BTCUSD/oGKhJwJm-BTC-Bump-and-Run-reversal-to-7500-then-onto-the-downside/
which is one of the possibilities VaidoVeek posted yesterday.
https://www.tradingview.com/chart/BTCUSD/tz2GFmoq-BITCOIN-Important-Areas-For-Traders/
But I'm not really sure about this... the momentum seems to have been lost. I can imagine a previous situation repeating (see the chart), with the price dipping down to the top of the Ichimoku cloud before continuing. BTW, that green line forming the upper limit of the green cloud is called Leading (or Senkou) Span A, the red one is the Senkou B (on top when the cloud is red... you get the idea).
I would wait to see what happens around 7150 or so. I'm seeing no conviction to go up.
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