Bitcoin Bearish movement.

After the bitcoin bearish movement in the last days it reached $ 7900. The BTCUSD is expected to have a pivot movement. Two possible situations may occur: If the price breaks the resistance line of $ 8350 then we could see a higher high trade. Otherwise, if the price drops below $8350 then we could continue seeing the bearish movement that would probably reach $ 7900 or even $7750.