BTC Long 8200 Target to be reached 06/07-15/07

Based on the MACD crossing up on the daily, the bullish divergence on the 4H RSI and MACD and the support level touch of 6000-7000 on the weekly 50MA I predict a reversal of about 3-4 weeks.

Target is 8200, the major downtrend line, and should line up with the Weekly 50 MA and the weekly 16 EMA. After reaching the target I see further downside past the lows at 6000 to 4500 which is the weekly 100 MA. From there, at least a decent bounce, possibly a reversal for upside target of btc to 29K.