Price is testing the support level of the bullish channel . With volatility being so now right now, price is bound for a big move soon.
BTCUSD Testing Key Resistance, Big Move Coming Soon by EmpowerTrader on TradingView.com
Scenario One ( Bearish Reversal): Price test key resistance level , rejects a bullish breakout. Look to short above 7000.
Scenario Two ( Bullish Breakout): Price manages to break key resistance and consolidate above 7000. Look for a pullback for a long entry.