Buongiorno, come stai?
BTC seems to be in a retracement channel following a massive 17.5% swing up since last Friday.
We did not have enough buy volume in the $8100-8500 range, so we got rejected.
50 MA (orange) will meet BTC very soon; I expect a small bounce up, followed by a rejection, to either the 21 EMA (green) or the top of the channel around $8070 but ultimately coming back down to the .786 fib level.
This region would give us a great horizontal support range.
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Looking at the Shitbase order book.
$7700-7800 is our heaviest support with a small ditch effort at $7500, resistance is built between $7870-8030 followed by a small effort at $8300.
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All we can do is wait and see where we're headed.
Be happy.