We all know BTC
has it's own rules. Last night it dropped to 7500 and then surged back into it's trading channel. Today we've crossed the 200 MA, we're close to a MACD
cross over on the daily chart
and have rising RSI
signalling a strong move up. We should expect that soon we'll have a test of the top of the downward channel
and either a break or consolidation at that level.