So yes, while we might get some nice sideways action, perhaps a jump up to the $8K level, BTC and the rest of crypto are still super screwed up. I would like to see BTC first, break out from the (white lines), either with decisiveness (very then), or sideways by inertia.
A) If you are a trader, sure, get a kick out milking this one out until it dives down again.
B) If you are long term, then wait for downtrend breakout sideways or the upside preferably.
C) If you are HODLer, then why are you watching charts. Just go enjoy your life as we'll get to $100K eventually.