In my opinion we could see a retest of 8.3k (weekly level) before Bitcoin decides whether to go up or down. If we go down, I fully expect the price to go to around 7.7-7.8k. If we go upwards we could see as high as 9.6k
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Could be troublesome if BTC closes a 4H below 3038.
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On the other hand, this could be a good long position to either average down or maximize profits.
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A glimpse of hope for BTC on the 1H
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So we are at 8.3k now,what will btc do?