A quick update showing bullish and bearish views on BTC with simple trade setups and stop losses
Chart 1: Bullish view.
RSI could still go down further to test the trend line, price might remain neutral for today, drop a little testing the trend line before moving up.
Profit taking is at key resistance areas and stop loss is set just below the trend line, below 7K
Unlikely considering how much we have already declined, but it is still good to be prepared just incase.