BTC next movements

Continuation of the downward channel, MA directed downward, which leads to a decrease in value. Future consolidation will contribute to the approximation of MA50 on the chart, which will make it possible to break through the MA100 and MA200, after which we can say about the upward trend.
With regards to their movement highlighted 3:
1. The price starts from the level of 7400 (support), after which it will go up and pass 7500 (first of all), and after that the important level will be 7900. For further growth, the price needs to break through 7900 and consolidate over it, so that further growth to 8500-9000 until the end of the month. If it reaches and fixes above 8500, it will go to 9000.
2. The price will break through the level of 7400, after which there will most likely be a small consolidation, which can reach the level of 7400 with false breakdowns and push down. The level of 6900 is support that will be difficult to break through, even if the price goes down there (after fixing below 7400), then it will push off from the level and go to test 7400.
3. It is unlikely from the discharge, but we must remember. The price will break through the support level of 6900 with fixing below it, which will give an incentive to go to 6500.

Trade closed: target reached