We've seen this same pattern play out twice since 20k. According to the factals, it should go something like this:
1. $8150 - ish and form a bear flag 2. $7900 - ish and form another bear flag 3. $7400 - 7700. (will be more precise after 2nd bear flag plays out) 4. Green dildos
But then again, it's BTC...so whales, bans, etc. So who the heck knows!