Looking on the left 2 day chart, you can see this is the main support/resistance level from prior run ups. Ideally we get a breakout through this resistance and a retest of this level, confirming support, and buying pressure above.
This will send it over 7 easily, and to stay conservative, my first target is 7.5. Beyond that will be runners and dip buying.
Looking for Bitcoin to consolidate after its recent ATH break through 94k today. Consolidation will allow money to flow around through alts. With this one being so tight, we only need a little bit of that volume to breakout.
